Why Liberia Should Approach TotalEnergies’ Production Sharing Contracts with Caution

Sep 19, 2025 | Seltue Karweaye Sr.
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TotalEnergies, formerly known as Total, is a major player in the global oil and gas industry, recognized as the fourth-largest publicly traded oil and gas company worldwide. With operations spanning over 130 countries, TotalEnergies engages in various sectors of the petroleum industry, including exploration, production, refining, and marketing.  TotalEnergies was originally established as Compagnie Française des Pétroles (French Petroleum Company) under the direction of the French government. In 1992, the French government decided to substantially reduce its ownership stake in Total. Despite this change, Total remains one of the largest fossil fuel companies in the world.