TotalEnergies and OQEP Launch Marsa LNG Project in Oman

TotalEnergies ( (TTE) ) has shared an update.

On May 1, 2025, TotalEnergies and OQEP broke ground on the Marsa LNG plant in Oman, marking a significant step in advancing low-emission energy solutions. The plant, expected to start production in 2028, will be one of the lowest carbon intensity LNG plants globally and the first marine LNG bunkering hub in the Middle East. This project aligns with Oman’s Vision 2040, aiming to reinforce the country’s position as a reliable regional hub for clean maritime fuel, while supporting the shipping industry’s energy transition and creating sustainable job opportunities.

The most recent analyst rating on (TTE) stock is a Buy with a $60.80 price target. To see the full list of analyst forecasts on TotalEnergies stock, see the TTE Stock Forecast page.

Spark’s Take on TTE Stock

According to Spark, TipRanks’ AI Analyst, TTE is a Outperform.

TotalEnergies’ overall stock score reflects its strong financial performance and positive earnings call sentiment. The solid valuation and strong dividend yield further enhance its investment appeal. However, technical indicators suggest neutral market sentiment, highlighting potential challenges in the short term.

To see Spark’s full report on TTE stock, click here.

More about TotalEnergies

TotalEnergies is a global integrated energy company involved in the production and marketing of oil, biofuels, natural gas, biogas, low-carbon hydrogen, renewables, and electricity. With operations in about 120 countries, the company focuses on providing reliable, affordable, and sustainable energy solutions. TotalEnergies is the world’s third-largest LNG player, with a significant presence in the LNG value chain, including production, transportation, and bunkering.

Average Trading Volume: 1,760,831

Technical Sentiment Signal: Hold

Current Market Cap: $123.2B

For an in-depth examination of TTE stock, go to TipRanks’ Stock Analysis page.