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09/01/2025 – 02:17 AM
PARIS – TotalEnergies, in a power move alongside partners QatarEnergy and SNPC, has secured the Nzombo exploration permit in the Republic of the Congo, according to a recent announcement. TotalEnergies will operate the permit with a 50% stake, while QatarEnergy holds 35% and SNPC the remaining 15%.
The Nzombo permit covers a significant 1,000 square kilometers, strategically located about 100 kilometers off the coast of Pointe-Noire. What’s particularly savvy is its proximity to TotalEnergies EP Congo’s existing Moho production facilities – a geographical advantage that could streamline future development and reduce operational costs.
The partners aren’t wasting any time. The current work program includes drilling an exploration well, with plans to “spud” – industry jargon for beginning to drill – before the close of 2025. The move signals confidence in the potential of the Nzombo prospect.
Kevin McLachlan, Senior Vice-President of Exploration at TotalEnergies, emphasized the strategic importance of the acquisition. “This award… reflects our continued strategy of expanding our Exploration portfolio with high impact prospects,” McLachlan stated in a press release. He further highlighted the potential synergies with existing infrastructure and the company’s established relationship with the Republic of the Congo – a clear demonstration of TotalEnergies’ long-term commitment to the region.
TotalEnergies is positioning itself for future growth by focusing on impactful exploration projects, particularly those near established facilities, promising efficiencies in development. The Nzombo permit aligns perfectly with this strategy, offering a blend of promising potential and strategic optimization.
About TotalEnergies
TotalEnergies is a global integrated energy company that produces and markets energies: oil and biofuels, natural gas, biogas and low-carbon hydrogen, renewables and electricity. Our more than 100,000 employees are committed to providing as many people as possible with energy that is more reliable, more affordable and more sustainable. Active in about 120 countries, TotalEnergies places sustainability at the heart of its strategy, its projects and its operations.
Cautionary Note
The terms “TotalEnergies”, “TotalEnergies company” or “Company” in this document are used to designate TotalEnergies SE and the consolidated entities that are directly or indirectly controlled by TotalEnergies SE. Likewise, the words “we”, “us” and “our” may also be used to refer to these entities or to their employees. The entities in which TotalEnergies SE directly or indirectly owns a shareholding are separate legal entities. This document may contain forward-looking information and statements that are based on a number of economic data and assumptions made in a given economic, competitive and regulatory environment. They may prove to be inaccurate in the future and are subject to a number of risk factors. Neither TotalEnergies SE nor any of its subsidiaries assumes any obligation to update publicly any forward-looking information or statement, objectives or trends contained in this document whether as a result of new information, future events or otherwise. Information concerning risk factors, that may affect TotalEnergies’ financial results or activities is provided in the most recent Universal Registration Document, the French-language version of which is filed by TotalEnergies SE with the French securities regulator Autorité des Marchés Financiers (AMF), and in the Form 20-F filed with the United States Securities and Exchange Commission (SEC).
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