TotalEnergies SE (ENXTPA:TTE) agreed to acquire a 25% stake in Adani New Industries Limited from Adani Enterprises Limited (BSE:512599) on June 14, 2022. TotalEnergies SE has approved the acquisition. Edward Barnett of Latham & Watkins LLP acted as legal advisor to TotalEnergies.

As on February 8, 2023 Patrick Pouyanne the CEO of TotalEnergies SE (ENXTPA:TTE) said that the partnership with Adani is on hold and contract is yet to be signed.