TotalEnergies’ affiliate in the Republic of Congo, in which QatarEnergy holds a 15% stake, announced a discovery in the offshore Moho G structure of the Moho North field. It comes on top of a nearby discovery at the Moho F structure which together represents around 100mn barrels of recoverable resource to be added to the producing field.
“We are pleased to further strengthen our expanding international portfolio with this promising new discovery in the Republic of Congo. We look forward to working with our strategic partner, TotalEnergies, and with the Congolese Government to develop these resources.” TotalEnergies E&P Congo operates the block (63.5%) alongside UK firm Trident Energy (21.5%) and state oil firm Société Nationale des Pétroles du Congo (SNPC: 15%). (CONTINUED - 162 WORDS)