TotalEnergies increases its stake in Congo's Moho field to 63.5% and sells part of Nkossa, Nsoko II licenses.
TotalEnergies acquires 10% more interest in Congo's Moho field, increasing stake to 63.5% and selling 53.5% in Nkossa, Nsoko II licenses. The deals see TotalEnergies, Trident Energy, and SNPC hold interests in Moho, with Trident retaining 85% in Nkossa, Nsoko II. These moves align with TotalEnergies' strategy of focusing on low-cost, low-emission assets and deep offshore expertise.
April 24, 2024
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