TotalEnergies Celebrates 100th Anniversary As A Global Energy Company

Paris, March 28, 2024 – Today marks a significant milestone for TotalEnergies as its global workforce of 100,000 employees across 120 countries celebrates the centenary of the company's inception. Reflecting on a journey that commenced on March 28, 1924, with the establishment of Compagnie Française des Pétroles, TotalEnergies has evolved from its humble beginnings in a country devoid of oil reserves to becoming a leading figure in the global energy sector.

Founded in an era when France had no oil resources of its own, Compagnie Française des Pétroles embarked on an ambitious quest to secure the nation's energy supply. This venture set the stage for what would become a century-long narrative of growth, adaptation, and innovation amidst technological and geopolitical shifts. Unlike its contemporaries, TotalEnergies leveraged international expansion and technical expertise as its competitive edge, embodying a pioneering spirit that has persisted to this day.

Throughout the 20th century, TotalEnergies played a pivotal role in supporting societal progress and development by continuously extending its technical and geographical frontiers. The company's strategic acquisitions, including partnerships with Petrofina and Elf-Aquitaine, as well as more recent collaborations with Maersk Oil, Saft, and Direct Energie, have further bolstered its expertise and presence in the energy sector.

Recognizing the shifting dynamics of energy consumption, TotalEnergies has transitioned towards becoming a multi-energy company. With oil being the dominant energy source of the 20th century, the focus has now shifted towards natural gas and decarbonized power to meet the demands of tomorrow's energy system. As the world's third-largest player in liquefied natural gas (LNG) and a prominent developer of solar and wind power, TotalEnergies is at the forefront of supporting the rise of renewable energies and facilitating the global energy transition.

The company's commitment to driving this transition is evident in its strategy that revolves around hydrocarbons (including LNG) and electricity. Since 2020, TotalEnergies has been steadfast in its ambition to supply affordable energy while simultaneously reducing emissions. This approach aligns with the objectives of COP28 for a just, orderly, and equitable transition towards sustainable energy solutions.

Looking Ahead

As TotalEnergies commemorates a century of achievements, it remains dedicated to adapting and innovating in response to evolving energy needs. Drawing inspiration from its pioneering roots, the company is poised to continue shaping the future of energy for another hundred years. This enduring commitment underscores TotalEnergies' role as a key player in promoting sustainable development and enhancing global well-being through accessible and reliable energy solutions.

About TotalEnergies: TotalEnergies is a diversified global energy producer and marketer committed to delivering affordable, sustainable, and reliable energy. With operations in nearly 130 countries, its workforce of over 100,000 is focused on making energy more accessible to people worldwide while prioritizing sustainable development in all aspects of its operations.

Note: The terms "TotalEnergies", "TotalEnergies company", or "Company" refer collectively to TotalEnergies SE and its controlled entities. Forward-looking statements contained herein are based on current economic data and assumptions and are subject to risks that may cause actual results to differ materially.