Our Oil Activities in the U.S.

TotalEnergies has been active in the Gulf of Mexico for decades, bringing its worldwide expertise in deep offshore developments to a portfolio of non-operated oil assets.

TotalEnergies has a close collaboration with Chevron and owns interests in four offshore assets operated by them - the Jack, Tahiti, and Anchor fields, which are producing, and the Ballymore project, which is in the construction phase and expected to come online in 2025.

These investments fit with our Company's strategy of focusing on oil projects with lower breakeven and lower greenhouse gas emissions.

In August 2024, the Anchor project, co-owned by TotalEnergies and Chevron (operator) successfully announced the start of production from the Anchor field located in the U.S. offshore Gulf of Mexico. The platform, which is as tall as a 25-story building has the capacity to produce up to 75,000 barrels of oil and 28 million cubic of gas per day. The Anchor platform is located about 140 miles away from the Louisiana coast.