EUROPEAN COMMISSION DG Competition

Only the English text is available and authentic.

REGULATION (EC) No 139/2004 MERGER PROCEDURE

Article 6(1)(b) NON-OPPOSITION Date: 30/07/2024

In electronic form on the EUR-Lex website under document number 32024M11552

EUROPEAN COMMISSION

Brussels, 30.7.2024 C(2024) 5629 final

PUBLIC VERSION

TotalEnergies EP Oman Development B.V. PO Box 663 PC, 114 al Qurm street, Bousher, Muscat Governorate, Oman

Almuzn Liquified Natural Gas LLC OQ Muscat office (HQ) Muscat Grand Mall P.O Box 261 PC 118, Muscat Oman

Dear Sir or Madam,

(1)(1) On 4 July 2024, the European Commission received notification of a proposed concentration pursuant to Article 4 of the Merger Regulation, by which TotalEnergies EP Oman Development B.V. (‘TEEPOD’, Netherlands) controlled by TotalEnergies SE (‘TTE’, France), and OQ SAOC (Oman) controlled by the Governmenf of Oman via the Oman Investment Authority (Oman), will acquire within the meaning of Article 3(1)(b) and 3(4) of the Merger Regulation joint control of the whole of the undertaking Marsa Liquefied Natural Gas LLC (‘Marsa LNG’ Oman) by way of purchase of shares. ()

(2) The business activities of the undertakings concerned are the following:

1() OJ L 24, 29.1.2004, p. 1 (the ‘Merger Regulation’). With effect from 1 December 2009, the Treaty on the Functioning of the European Union (‘TFEU’) has introduced certain changes, such as the replacement of ‘Community’ by ‘Union’ and ‘common market’ by ‘internal market’. The terminology of the TFEU will be used throughout this decision.

2() OJ L 1, 3.1.1994, p. 3 (the ‘EEA Agreement’).

3() OJ C, C/2024/4534, 16.7.2024.

Commission européenne/Europese Commissie, 1049 Bruxelles/Brussel, BELGIQUE/BELGIË – Tel. +32 22991111

— TEEPOD is mainly active in the liquefaction of gas and in the production of oil in Oman. TTE is a global energy company mainly active in the production and sale of oil and biofuels, natural gas and green gases, renewables, and electricity,

— OQ SAOC is a global energy company active in the exploration and production of oil, gas, and petrochemicals.

(3) The business activities of Marsa LNG will be the development, construction, and operation of a liquefied natural gas bunkering project in Oman, which will supply LNG as a fuel to marine vessels.

(4) After examination of the notification, the European Commission has concluded that the notified operation falls within the scope of the Merger Regulation and of paragraph 5(a) of the Commission Notice on a simplified treatment for certain concentrations under Council Regulation (EC) No 139/2004. ()

(5) For the reasons set out in the Notice on a simplified treatment, the European Commission has decided not to oppose the notified operation and to declare it compatible with the internal market and with the EEA Agreement. This decision is adopted in application of Article 6(1)(b) of the Merger Regulation and Article 57 of the EEA Agreement.

For the Commission

(Signed) Olivier GUERSENT Director-General

4() OJ C 160, 5.5.2023, p. 1 (the ‘Notice on a simplified treatment’).

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