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TotalEnergies exploring investment opportunities in Cambodia’s oil, gas and renewable energy sectors

TotalEnergies exploring investment opportunities in Cambodia’s oil, gas and renewable energy sectors

French behemoth TotalEnergies is seriously exploring investment opportunities in the Kingdom’s oil, gas and renewable energy sectors, a statement issued by the Ministry of Mines and Energy on Monday said.

This was revealed as Keo Rottanak, Minister of Mines and Energy, received Mehmet Celepoglu, TotalEnergies Deputy Director for Oceania and Southeast Asia region, at the ministry headquarters, the statement added.

TotalEnergies is one of the world’s largest integrated oil and gas companies and a major player in chemicals. The company operates in more than 130 countries and employs over 100,000 people.

The Kingdom’s oil, gas and renewable energy sectors have, of late, drawn interest from major global players.

Last month, Australian LNG major Woodside Energy said it is exploring investment opportunities in the Kingdom.

This follows a meeting between Keo Rottanak, Minister of Mines and Energy, and representatives of Woodside Energy in Phnom Penh in the presence of Australian Embassy officials.

Woodside Energy’s primary area of specialisation is in the liquefied natural gas (LNG) industry, with a focus on supplying reliable and affordable energy to a growing global market.

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