French oil & gas major insists it continues to 'actively work' on German projects, but confirms proposal on return of areas is under discussion within offshore wind association BWO

French oil & gas giant in offshore wind auctions secured 7.5GW in North Sea sites in 2023 and 2024

Energy company TotalEnergies is seeking to quit a major offshore wind energy project in Germany for which it offered to pay six billion euros in a 2023 state auction, arguing that…

A $14.7bn bet on German seabed rights now looks shaky with TotalEnergies apparently seeking an exit or better terms for massive wind zones

French oil & gas major insists it continues to 'actively work' on German projects, but confirms proposal on return of areas is under discussion within offshore wind association BWO

Total Energies und BP haben offenbar das Interesse an der Nutzung ersteigerter Seegebiete verloren. Diese waren für Offshore-Windflächen vorgesehen.

Proposal would affect massive capacity secured by TotalEnergies, BP and others and avoid delays that could affect projects worth up to $58bn, BWO calculates