TotalEnergies EP Gabon: 2025 Revenues

PORT-GENTIL, Gabon--(BUSINESS WIRE)--Regulatory News:

TotalEnergies EP Gabon (Paris:EC):

Main Financial Indicators

		2025	2024	2024 vs. 2023
Average Brent Price	$/b	69.1	80.8	-14%
Average TotalEnergies EP Gabon crude price ^(1)	$/b	65.3	77.2	-15%
Crude oil production from fields operated by TotalEnergies EP Gabon	kb/d ^(2)	16.0	17.0	-6%
Sales volumes^(3)	Mb ^(4)	6.1	5.7	+7%
Revenues ^(5)	M$	418	465	-10%

^(1)	The crude price calculation excludes profit oil reverting to the Gabonese Republic as per production sharing contract, these barrels being handed over in kind to the host state.
^(2)	kb/d: Thousand barrels per day. (excluding gas production)
^(3)	Sales volumes excludes profit oil reverting to the Gabonese Republic as per production sharing contract, these barrels being handed over in kind to the host state.
^(4)	Mb: Million of barrels.
^(5)	Revenue from hydrocarbon sales and services (transportation, processing and storage), including profit oil reverting to the Gabonese Republic as per production sharing contracts.

2025 Revenues

Selling price
Over 2025 year, the average Brent price stood at $69.1/b, down 14% compared to 2024 year ($80.8/b). The average selling price of the quality of crude oil marketed by TotalEnergies EP Gabon amounted to $65.3/b in 2025, reflecting the downward trend in Brent compared to 2024 ($77.2/b).

Production
TotalEnergies EP Gabon's crude oil production reached 16.0 kb/d, showing a decrease of 6% compared to the previous year (17.0 kb/d). This decrease in production is mainly due to planned shutdowns on Anguille and Torpille sites conducted in the second quarter of 2025.

Revenues
In 2025, revenues totaled $418 million, representing a decrease of 10% compared to 2024 ($465 million), due to the drop in average selling prices of the quality of crude oil marketed by TotalEnergies EP Gabon (-15%), partially offset by an increase in crude oil sold volumes by TotalEnergies EP Gabon (+7%).

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About TotalEnergies EP Gabon
TotalEnergies EP Gabon is 58.28% owned by TotalEnergies SE, 25% by the Gabonese Republic and 16.72% by the public.

About TotalEnergies
TotalEnergies is a global integrated energy company that produces and markets energies: oil and biofuels, natural gas and green gases, renewables and electricity. Our more than 100,000 employees are committed to provide as many people as possible with energy that is more reliable, more affordable and more sustainable. Active in about 120 countries, TotalEnergies places sustainability at the heart of its strategy, its projects and its operations.

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Cautionary Note
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This document may contain forward-looking statements. They may prove to be inaccurate in the future and are dependent on risk factors. Neither TotalEnergies SE nor any of its subsidiaries undertakes or assumes any commitment or responsibility to investors or any other stakeholder to update or revise, in particular as a result of new information or future events, any or all of the statements, forward-looking information, trends or objectives contained in this document. Information regarding risk factors that could have a material adverse effect on TotalEnergies' financial results or operations is also available in the most up-to-date versions of the Universal Registration Document filed by TotalEnergies SE with the Autorité des marchés financiers and Form 20-F filed with the United States Securities and Exchange Commission ("SEC").