South Africa: TotalEnergies Expands Its Presence in the Orange Basin With a New Offshore Exploration License

South Africa: TotalEnergies Expands Its Presence in the Orange Basin With a New Offshore Exploration License

Business Wire

Published

PARIS--(BUSINESS WIRE)--Regulatory News: TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) has signed, together with its partner QatarEnergy, an agreement to acquire participating interests in Block 3B/4B, offshore South Africa, from Africa Oil South Africa, Azinam (a wholly owned subsidiary of Eco Atlantic Oil and Gas) and Ricocure. Following completion of the transaction, TotalEnergies will hold a 33% participating interest in Block 3B/4B and assume operatorship, while QatarEnergy will hold a 24

Full Article