Expertise Meets Expertise: S-Oil Total Lubricants
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Our Commitment
Committed to better energy, over 98,000 employees help throughout the world to provide the Group’s customers with products and services that are safer, more affordable, cleaner, more efficient, more innovative and accessible to the greatest number of people.
TotalEnergies puts Corporate Social Responsibility (CSR) at the heart of its activities and conducts its operations according to the following principles of:
- protecting the safety and security of people and its facilities;
- limiting its environmental footprint;
- ensuring that its Code of Conduct is applied in its sphere of operations;
- incorporating the challenges of sustainable development in the exercise of its activities;
- increasing its local operations by placing dialog with its stakeholders at the heart of its policy and contributing to the economic and social development of the regions where the Group has operations with the objective of creating shared value;
- promoting equal opportunities and fostering diversity and cultural mix among its personnel.
Our Projects
Our Partners
Hanwha, established in 1952, is dedicated to growing together with partners and customers. Across the entire range of its businesses, Hanwha delivers energy to customers, partners, communities as well as generations to come in order to make our future more vibrant and sustainable.
Hanwha and TotalEnergies jointly operate a large petrochemical complex consisting of 14 units in Daesan, South Chungcheong Province. Its output spans olefins and polyolefins (polypropylene, polyethylene, etc.), base petrochemicals (styrene monomer, etc.), fuels, solvents and other downstream petrochemicals used in everyday life.
S-Oil, established in 1976, has grown into one of the most competitive oil refiners in the Asia-Pacific region. It operates the Onsan Refinery, which has a capacity of 669,000 barrels per day, and other facilities that produce petrochemicals and lube base oils.
Kogas imports LNG from around the world and supplies it to power generation plants, gas utilities and city gas companies throughout Korea. Kogas produces and supplies natural gas, purifies and sells gas by-products, and builds and operates production facilities and the distribution network. It imports and exports natural gas for domestic and overseas markets and is also active in gas exploration and production.
Kogas has received sovereign credit ratings of A1 and A, the highest ever given to a Korean company by Moody's and S&P.
TotalEnergies and Kogas
TotalEnergies supplies Kogas with LNG from its major projects and worldwide portfolio. The partners cooperate to ensure a secure supply of LNG to the Republic of Korea through several key long-term contracts. TotalEnergies and Kogas are also equity partners in Yemen LNG, Oman LNG and Australia's Gladstone LNG.
TotalEnergies-Kogas equity partnerships:
Yemen LNG: TotalEnergies 39.6% (operator), Kogas 6%
Oman LNG: TotalEnergies 5.54%, Korea OLNG (Korean consortium, led by Kogas) 5%
Gladstone LNG: TotalEnergies 27.5%, Kogas 15%
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