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TotalEnergies Celebrates Fifty Years of Operations in Saudi Arabia

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TotalEnergies marks 50 years of operations in Saudi Arabia during French President Macron's state visit, highlighting its strategic energy partnership with the Kingdom. The company operates major projects including SATORP, its largest refining platform globally, jointly held with Aramco (62.5%) and TotalEnergies (37.5%) with a 460,000 barrels daily capacity.

Key developments include the $11 billion Amiral petrochemical complex construction, scheduled for 2027 completion, and renewable energy projects such as the Wadi Al Dawasir solar plant (119 MW) and Rabigh 2 solar project (300 MW). The company is also advancing in sustainable aviation fuels (SAF) production through partnerships with Aramco and SIRC, planning to process used cooking oil at SATORP from 2026.

TotalEnergies festeggia 50 anni di operazioni in Arabia Saudita durante la visita ufficiale del Presidente francese Macron, sottolineando la sua partnership strategica energetica con il Regno. L'azienda gestisce progetti importanti tra cui SATORP, la sua piattaforma di raffinazione più grande a livello globale, detenuta congiuntamente con Aramco (62,5%) e TotalEnergies (37,5%), con una capacità di 460.000 barili al giorno.

Tra gli sviluppi chiave vi è la costruzione del complesso petrolchimico Amiral da 11 miliardi di dollari, previsto per il completamento nel 2027, e progetti di energia rinnovabile come l'impianto solare di Wadi Al Dawasir (119 MW) e il progetto solare Rabigh 2 (300 MW). L'azienda sta anche progredendo nella produzione di carburanti sostenibili per l'aviazione (SAF) attraverso collaborazioni con Aramco e SIRC, pianificando di trattare olio di cucina usato presso SATORP a partire dal 2026.

TotalEnergies celebra 50 años de operaciones en Arabia Saudita durante la visita estatal del presidente francés Macron, resaltando su asociación estratégica en energía con el Reino. La empresa opera proyectos importantes, incluyendo SATORP, su plataforma de refinación más grande a nivel mundial, en copropiedad con Aramco (62,5%) y TotalEnergies (37,5%) con una capacidad de 460,000 barriles diarios.

Los desarrollos clave incluyen la construcción del complejo petroquímico Amiral de 11 mil millones de dólares, que está programado para completarse en 2027, y proyectos de energías renovables como la planta solar Wadi Al Dawasir (119 MW) y el proyecto solar Rabigh 2 (300 MW). La empresa también avanza en la producción de combustibles sostenibles para aviación (SAF) a través de asociaciones con Aramco y SIRC, con planes para procesar aceite de cocina usado en SATORP a partir de 2026.

TotalEnergies는 프랑스 마크롱 대통령의 공식 방문 동안 사우디아라비아에서 50년의 운영을 기념하며 왕국과의 전략적 에너지 파트너십을 강조합니다. 이 회사는 아람코(62.5%)와 TotalEnergies(37.5%)가 공동 소유하는 SATORP를 비롯한 주요 프로젝트를 운영하고 있으며, 이는 세계 최대의 정유 플랫폼으로 46만 배럴의 일일 생산 능력을 가지고 있습니다.

주요 개발 사항에는 2027년에 완공될 예정인 110억 달러 규모의 아미랄 석유화학 단지 건설과 함께 와디 알 다와시르 태양광 발전소(119 MW) 및 라비그 2 태양광 프로젝트(300 MW)와 같은 재생 가능 에너지 프로젝트가 포함됩니다. 이 회사는 아람코 및 SIRC와의 파트너십을 통해 지속 가능한 항공 연료(SAF) 생산을 진행하고 있으며, 2026년부터 SATORP에서 사용된 식용유를 처리할 계획입니다.

TotalEnergies célèbre ses 50 ans d'opérations en Arabie Saoudite lors de la visite d'État du président français Macron, soulignant son partenariat stratégique en matière d'énergie avec le Royaume. L'entreprise gère des projets majeurs, y compris SATORP, sa plus grande plateforme de raffinage au monde, détenue à parts égales avec Aramco (62,5%) et TotalEnergies (37,5%), ayant une capacité de 460 000 barils par jour.

Les développements clés incluent la construction du complexe pétrochimique Amiral d'un coût de 11 milliards de dollars, prévu pour achèvement en 2027, ainsi que des projets d'énergie renouvelable comme la centrale solaire de Wadi Al Dawasir (119 MW) et le projet solaire Rabigh 2 (300 MW). L'entreprise progresse également dans la production de carburants d'aviation durables (SAF) grâce à des partenariats avec Aramco et SIRC, prévoyant de traiter de l'huile de cuisson usagée à SATORP à partir de 2026.

TotalEnergies feiert 50 Jahre Betriebszeit in Saudi-Arabien während des Staatsbesuchs von Präsident Macron, wobei die strategische Energiepartnerschaft mit dem Königreich hervorgehoben wird. Das Unternehmen betreibt bedeutende Projekte, einschließlich der SATORP, der größten Raffinerieplattform weltweit, die gemeinsam mit Aramco (62,5%) und TotalEnergies (37,5%) gehalten wird und eine Kapazität von 460.000 Barrel täglich hat.

Wesentliche Entwicklungen umfassen den Bau des 11 Milliarden Dollar teuren Amiral petrochemischen Komplexes, dessen Fertigstellung für 2027 geplant ist, sowie erneuerbare Energieprojekte wie das Solarprojekt Wadi Al Dawasir (119 MW) und Rabigh 2 (300 MW). Das Unternehmen arbeitet auch an der Produktion von nachhaltigen Flugkraftstoffen (SAF) durch Partnerschaften mit Aramco und SIRC, mit dem Plan, ab 2026 gebrauchtes Speiseöl bei SATORP zu verarbeiten.

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RIYADH, Saudi Arabia--(BUSINESS WIRE)-- Regulatory News:

On the occasion of French President Emmanuel Macron’s state visit to the Kingdom of Saudi Arabia and as the Company celebrates fifty years of operations in the country, TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) underlines the importance of its strategic partnership in the field of energy with the Kingdom under the patronage of His Royal Highness Prince Abdulaziz bin Salman Al Saud, Saudi Minister of Energy. The company deploys with success its multi energy strategy in the Kingdom with its flagships projects in the downstream oil sector thanks to its partnership with Aramco, and the development of renewables with various local partners.

"On behalf of TotalEnergies, I would like to celebrate our long history in Saudi Arabia, our strategic partnership with Aramco in particular, as well as the quality, loyalty and commitment of our stakeholders in the Kingdom's energy sector," said Patrick Pouyanné, Chairman and CEO of TotalEnergies. "Saudi Arabia is emblematic of our multi-energy strategy aimed at supporting the energy transition of oil and gas producing countries. Our activities to produce low-carbon and renewable energies contribute to the country's Green Initiative and Vision 2030’s objectives. So, we look forward to continuing to build beautiful things there for years come.”

SATORP: TotalEnergies’ largest refining and chemicals platform in the world

  • Jointly held by Aramco (62.5%) and TotalEnergies (37.5%), SATORP is one of the world’s best performing integrated refining and petrochemicals platforms, with a production capacity of 460,000 barrels a day.
  • Located in Jubail and commissioned in 2014, SATORP is the first platform in the Middle East North Africa region to receive ISCC+ certification (July 2022), a sign of international recognition of its circular projects such as the production of polymers from an oil made of recycled plastic waste
  • In 2022, SATORP played a vital role in ensuring France’s energy security. When sanctions shut Russian diesel out of Europe, SATORP delivered around 300 000 tons of diesel to France, which has made it possible to guarantee France's security of supply.

AMIRAL: an $11 billion petrochemical complex

  • The construction of the Amiral petrochemical complex, which benefits from synergies with the SATORP platform, is already a third of the way through in line with its initial schedule, which is scheduled to start in 2027. The Amiral project alone, jointly developed by Aramco (62.5%) and TotalEnergies (37.5%), represents an investment of about $11 billion.

Solar: our multi-energy strategy to serve the Kingdom's objectives

  • TotalEnergies is currently building the Wadi Al Dawasir solar power plant (119 MW) with its partners Toyota Tshusho (40%) and Al Taqaa Zahid (40%). It will be connected to the grid and operational at the beginning of 2025.
  • In addition, the consortium composed of TotalEnergies and Saudi developer Aljomaih Energy and Water Company (AEW) has signed, in November 2024, a 25-year power purchase agreement (PPA) with Saudi Power Procurement Company (SPPC) for the Rabigh 2 solar project (300 MW). The solar power plant will be developed, built, owned and operated by the consortium with a grid connection planned for 2026.
  • Finally, TotalEnergies is developing smaller-scale solar projects through its 50%-owned subsidiary Safeer with Al Taqa Zahid for industrial and commercial customers.

Sustainable aviation fuels (SAF) : a production unit under study

  • After successful tests carried out in 2024, Aramco and TotalEnergies have embarked on a project to co-process used cooking oil to produce sustainable aviation fuels at SATORP from 2026.
  • In addition, Aramco, TotalEnergies and Saudi Investment Recycling Company (SIRC) are assessing the development of a sustainable aviation fuels (SAF) production unit in synergy with SATORP.
  • This collaboration will draw on the expertise of the three partners to develop a production unit of sustainable aviation fuels by converting local residues from the circular economy, such as used cooking oil and animal fats.

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About TotalEnergies
TotalEnergies is a global multi-energy company that produces and markets energies: oil and biofuels, natural gas and green gases, renewables and electricity. Our more than 100,000 employees are committed to supplying affordable, reliable, clean energy to as many people as possible. TotalEnergies intends to put sustainability, in all its dimensions, at the center of its strategy, projects and operations.

@TotalEnergies TotalEnergies TotalEnergies TotalEnergies

Disclaimer
The terms ”TotalEnergies”, “Company” or “TotalEnergies company” refer collectively to the company TotalEnergies SE and the companies it controls directly or indirectly. Likewise, the words “we”, “us” and “our” may also be used to refer to subsidiaries in general or to those who work for them. The entities in which TotalEnergies SE directly or indirectly owns a shareholding are separate legal entities. This document may contain certain forward-looking information and statements. They may prove to be inaccurate in the future and are subject to a number of risk factors. Neither TotalEnergies SE nor any of its subsidiaries or affiliates assumes any obligation to investors or other stakeholders to update in part or in full any forward-looking information or statement, objectives or trends contained in this document, whether as a result of new information, future events or otherwise. Information concerning risk factors, that may affect TotalEnergies’ financial results or activities is provided in the most recent Registration Document, the French-language version of which is filed by TotalEnergies SE with the French securities regulator Autorité des Marchés Financiers (AMF), and in the Form 20-F filed with the United States Securities and Exchange Commission (SEC).

TotalEnergies Contacts

Media Relations : +33 (0)1 47 44 46 99 l presse@totalenergies.com l @TotalEnergiesPR

Relations Investisseurs : +33 (0)1 47 44 46 46 l ir@totalenergies.com

Source: TotalEnergies SE

FAQ

What is TotalEnergies' largest investment project in Saudi Arabia as of 2024?

The Amiral petrochemical complex is TotalEnergies' largest current investment in Saudi Arabia, representing an $11 billion project jointly developed with Aramco (62.5% ownership) and scheduled to start operations in 2027.

How much renewable energy capacity is TotalEnergies developing in Saudi Arabia?

TotalEnergies is developing two major solar projects in Saudi Arabia: the 119 MW Wadi Al Dawasir solar plant and the 300 MW Rabigh 2 solar project, totaling 419 MW of renewable energy capacity.

What is SATORP's current production capacity?

SATORP, jointly owned by Aramco (62.5%) and TotalEnergies (37.5%), has a production capacity of 460,000 barrels per day as an integrated refining and petrochemicals platform.

When will TotalEnergies begin producing sustainable aviation fuels at SATORP?

TotalEnergies plans to begin producing sustainable aviation fuels (SAF) at SATORP from 2026, using co-processed used cooking oil.

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