Who TotalEnergies buys from and sells to
French integrated major: oil, a large LNG portfolio, refining and a growing power and renewables arm.
Buys from 4
- SLBSLBdrilling, completion and subsurface services
- HalliburtonHALfracturing, cementing and well services
- TechnipFMCFTIsubsea systems for deepwater fields
- Technip EnergiesLNG plant engineering and construction
Sells to 3
- Asian and European gas utilitiesLNG cargoes under long-term contracts
- TotalEnergies station customersfuel at its European and African networks
- European power customerselectricity from gas and renewables
Where the chain could break
- $20B Mozambique LNG restarted in 2026 in an insurgency-hit province; first LNG 2029
- Qatar LNG stakes stranded behind the 2026 Strait of Hormuz disruption
- Still exposed to Russian Yamal LNG and Novatek under sanctions
Competes with
- ShellSHELLNG and integrated oil
- BPBPEuropean integrated major
- ExxonMobilXOMLNG and upstream
Mapped by hand from filings and company reporting, as of October 2026. It shows the relationships that matter most, not every contract: most are never disclosed, and agreements change.