TotalEnergies and QatarEnergy acquire stakes in South Africa's Block 3B/4B, with TotalEnergies as operator.
TotalEnergies and QatarEnergy have agreed to acquire a 33% and 24% stake respectively in South Africa's Block 3B/4B, located in the Orange basin, near significant discoveries made by Total and Shell in Namibia. The remaining interests will be held by existing license holders, Africa Oil, Azinam, and Ricocure. TotalEnergies will become the operator of the block.
March 06, 2024
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