Kazakhstan: TotalEnergies invests in Mirny

In Kazakhstan, TotalEnergies is pursuing its energy transition by selling one of its subsidiaries and developing a wind farm project.

Share:

Comprehensive energy news coverage, updated nonstop

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access • Archives included • Professional invoice

OTHER ACCESS OPTIONS

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

FREE ACCOUNT

3 articles offered per month

FREE

*Prices are excluding VAT, which may vary depending on your location or professional status

Since 2021: 35,000 articles • 150+ analyses per week

In Kazakhstan, TotalEnergies is pursuing its energy transition by selling one of its subsidiaries and developing a wind farm project.

Sale of an oil subsidiary

In Kazakhstan, TotalEnergies sells its subsidiary Total E&P Dunga GmbH. In addition, the French company is developing a giant wind farm in Mirny. This one receives the support of the Kazakh authorities.

TotalEnergies signs an agreement to sell its subsidiary Total E&P Dunga GmbH to the Kazakh company Oriental Sunrise Corp. The amount of the transaction is $330 million. The subsidiary holds a 60% operating interest in the Dunga onshore oil field in Kazakhstan.

The production of the onshore oil field represents in 2022, 7,400 barrels of oil equivalent per day. At the same time, TotalEnergies is also strengthening its presence in renewable energies in Kazakhstan. In addition to its two operating solar plants (with a capacity of 128 MW), Total Eren signs an agreement for Mirny.

A 1GW wind farm

Minrny is part of the cooperation between France and Kazakhstan to fight against global warming. The 200 wind turbines total 1GW of installed capacity. The wind farm includes a 600MWh battery storage system.

The project will provide more than one million people in Kazakhstan with low-carbon electricity. Patrick Pouyanné, Chairman and CEO of TotalEnergies, said:

“TotalEnergies is fully committed to providing its expertise and know-how to develop Kazakhstan’s natural resources, as we are doing as a partner in the giant Kashagan field. These agreements illustrate TotalEnergies’ energy transition strategy. On the one hand, we are dynamically managing our portfolio by divesting mature, non-strategic assets like the Dunga field. On the other hand, we are very proud to support the country’s low-carbon development ambition through the major Mirny wind project.”

TotalEnergies has been present in Kazakhstan since 1992.

TotalEnergies is one of the main shareholders (16.81%) in the North Caspian Project consortium. The Company is also developing a distribution network in Central Asia. The French company develops renewable energy projects through its subsidiary Total Eren.

Repsol has launched a pilot platform of AI multi-agents, developed with Accenture, to transform internal organisation and improve team productivity.
ABB recorded double-digit growth in sales of equipment for data centres, contributing to a 28% increase in net profit in the third quarter, surpassing market expectations.
UK power producer Infinis has secured a £391mn ($476mn) banking agreement to support the next phase of its solar and energy storage development projects.
The Nexans Board of Directors has officially appointed Julien Hueber as Chief Executive Officer, ending Christopher Guérin’s seven-year tenure at the helm of the industrial group.
JP Morgan Chase has launched a $1.5 trillion, ten-year investment initiative targeting critical minerals, defence technologies and strategic supply chains across the United States.
Amid rising global demand for low-carbon technologies, several African countries are launching a regional industrial strategy centred on domestic processing of critical minerals.
Maersk and CATL have signed a strategic memorandum of understanding to strengthen global logistics cooperation and develop large-scale electrification solutions across the supply chain.
ABB made several attempts to acquire Legrand, but the French government opposed the deal, citing strategic concerns linked to data centres.
Aramco becomes Petro Rabigh's majority shareholder after purchasing a 22.5% stake from Sumitomo, consolidating its downstream strategy and supporting the industrial transformation of the Saudi petrochemical complex.
Chevron India expands its capabilities with a 312,000 sq. ft. engineering centre in Bengaluru, designed to support its global operations through artificial intelligence and local technical expertise.
Amid rising energy costs and a surge in cheap imports, Ineos announces a 20% workforce reduction at its Hull acetyls site and urges urgent action against foreign competition.
Driven by growing demand for strategic metals, mining mergers and acquisitions in Africa are accelerating, consolidating local players while exposing them to a more complex legal and regulatory environment.
Ares Management has acquired a 49% stake in ten energy assets held by EDP Renováveis in the United States, with an enterprise value estimated at $2.9bn.
Ameresco secured a $197mn contract with the U.S. Naval Research Laboratory to upgrade its energy systems across two strategic sites, with projected savings of $362mn over 21 years.
Enerflex Ltd. announced it will release its financial results for Q3 2025 before markets open on November 6, alongside a conference call for investors and analysts.
Veolia and TotalEnergies formalise a strategic partnership focused on water management, methane emission reduction and industrial waste recovery, without direct financial transaction.
North Atlantic and ExxonMobil have signed an agreement for the sale of ExxonMobil’s stake in Esso S.A.F., a transaction subject to regulatory approvals and financing agreements to be finalised by the end of 2025.
The Canadian pension fund takes a strategic minority stake in AlphaGen, a 11 GW U.S. power portfolio, to address rising electricity demand from data centres and artificial intelligence.
Minnesota’s public regulator has approved the $6.2bn acquisition of energy group Allete by BlackRock and the Canada Pension Plan, following adjustments aimed at addressing rate concerns.
The Swiss chemical group faces two new lawsuits filed in Germany, bringing the total compensation claims from oil and chemical companies to over €3.5bn ($3.7bn) in the ethylene collusion case.

All the latest energy news, all the time

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access - Archives included - Pro invoice

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

*Prices shown are exclusive of VAT, which may vary according to your location or professional status.

Since 2021: 30,000 articles - +150 analyses/week.