QatarEnergy

TotalEnergies, with partners QatarEnergy and SNPC, has been awarded the Nzombo exploration permit in the Republic of the Congo. TotalEnergies will operate with a 50% stake, QatarEnergy 35%, and SNPC 15%. The 1,000 sq km permit is near TotalEnergies’ Moho production facilities. Plans include drilling an exploration well before the end of 2025. TotalEnergies emphasizes the strategic importance, highlighting synergies with existing infrastructure and their commitment to the region. The acquisition aligns with the company’s strategy of expanding exploration with high-impact prospects.