- TotalEnergies joined ADNOC, Eni and CNPC in final investment for the $6.2B Umm Shaif Gas Cap project; targets production by 2030, adding ~600 MMscfd of gas plus liquids.
- Mizuho initiated coverage of TotalEnergies SE (TTE) with an Outperform rating and established a $103.00 per-share price target; no additional company developments were noted in the summary provided.
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Key facts: TotalEnergies joins $6.2B Umm Shaif Gas Cap; Mizuho $103 PT
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TotalEnergies joined ADNOC, Eni and CNPC in final investment for the $6.2B Umm Shaif Gas Cap project; targets production by 2030, adding ~600 MMscfd of gas plus liquids.Mizuho init