Year of Establishiment 1924
Privately Traded
Aeadquarters: Courbevoie, France
TotalEnergies is a multinational multi-energy company operating in oil and gas, renewable, and bioenergy segments and is one of the “Supermajor” oil companies worldwide.
Key Facts
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SAF Production Capacity:
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SAF Production Target-:1.5 million tonnes per year by 2030
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Revenue:$218.9 billion (2023)
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EBITDA:$50.0 billion (2023)
Current and Planned SAF Investments
In June 2023, TotalEnergies unveiled its investment plan of €400 million to transform the Grandpuits facility into a no-crude platform, primarily for SAF production from circular feedstocks to produce 210,000 tons/y by 2025 and 285,000 tons/y of SAF by 2027.
In June 2023, the company announced investing €70 million to transform La Mède biorefinery by 2024 to produce biofuels and SAF by coprocessing using 100% cooking oil and animal fat waste. TotalEnergies invested €337 million to convert La Mède crude oil refinery to France’s first biorefinery commissioned in 2019 that began producing SAF in April 2021.
In 2023, the company further unveiled its plan to increase production capacity at its Gonfreville refinery in Normandy to 40,000 tons from 2025 onwards.
Tie-Ups
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Airbus
Mar 2024: Collaborated to supply SAF to Airbus flights, reducing up to 90% of CO2 emissions over the lifecycle and decarbonizing the aviation system.
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AramcoOct 2023: Ventured to own SATORP platform and successfully converted UCO through coprocessing into ISCC+ certified SAF.
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Jet AviationMay 2023: Partnered with TotalEnergies to provide SAF for owners and operators visiting its Geneva, Switzerland Fixed-Base Operator (FBO) during 2023 European Business Aviation Convention & Exhibition (EBACE).
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Air France-KLMDec 2022: Signed an MOU to deliver more than 800,000 tons of SAF over ten years starting in 2023 for flights departing from France and the Netherlands.
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Air LiquideNov 2022: Partnered to develop a hydrogen production unit with more than 20,000 tonnes/y capacity. Partially renewable low-carbon hydrogen will be used to produce SAF.
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SARIA ASSept 2022: Partnered to secure UCO and animal fat supplies for SAF production, increasing Grandpuit SAF production capacity to 210,000 tons/y.
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ENEOS CorporationApr 2022: Collaborated to develop SAF production and supply chain in the ENEOS refinery in Negishi, Japan, by 2025.
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Masdar & Siemens EnergyJan 2022: Collaborated to construct a demonstrator plant of a green hydrogen project and produce SAF (CO2 conversion) in Masdar City, UAE.
Financiers / Investors
Other Information
In 2023, TotalEnergies unveiled its plan to produce an additional 150,000 tons of SAF by coprocessing HVO biodiesel produced at La Mède after its approval secured from the ASTM.
In December 2023, TotalEnergies and Masdar unveiled the first test flight to demonstrate methanol to SAF conversion to help unlock the use of e-SAF to decarbonize aviation.
In November 2022, TotalEnergies contracted Technip Energies for SAF at its Grandpuits refinery in France