(AOF) – TotalEnergies and China Petroleum and Chemical Corporation (Sinopec) have signed a strategic cooperation agreement aimed at deepening their collaboration, particularly in low-carbon energies. This strategic cooperation agreement aims to expand the existing partnerships between the two groups. The two companies plan in particular to combine their R&D expertise in the fields of biofuels, green hydrogen, CCUS (CO2 capture, storage and utilization), and decarbonization.
TotalEnergies and Sinopec have worked together for many years, particularly in Angola and Brazil in exploration-production, and more generally in the fields of oil, LNG, petroleum products trading and engineering.
The two companies recently joined forces to jointly develop a 230,000 tonne per year production unit of Sustainable Aviation Fuel (SAF) at a Sinopec refinery in China.
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