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An announcement from TotalEnergies SE ( (FR:TTE) ) is now available.
TotalEnergies has published an independent assessment by Canadian firm Land & People Planning Ltd of the land acquisition, resettlement and livelihood restoration program for its Tilenga oil project in Uganda. The review found the program aligned with the project’s commitments and IFC Performance Standard 5, with no material systemic deficiencies and the project positioned to move toward closure of its Resettlement Action Plans.
The Tilenga Project has acquired around 2,108 acres affecting 4,954 households, with more than 99% of compensation agreements signed and paid, and all resettlement houses built and handed over. Based on the assessment’s recommendations, operator TotalEnergies EP Uganda will implement an action plan to strengthen livelihood restoration, support for vulnerable households, grievance handling, stakeholder engagement, gender data integration and formal closure, underscoring the company’s push for transparency and adherence to international standards in a sensitive flagship development.
More about TotalEnergies SE
TotalEnergies is a global integrated energy company producing and marketing oil and biofuels, natural gas, biogas, low‑carbon hydrogen, renewables and electricity. Active in about 120 countries with more than 100,000 employees, the group targets reliable, affordable and more sustainable energy, placing sustainability at the core of its strategy, projects and operations.
See more insights into TTE stock on TipRanks’ Stock Analysis page.

