Fossil Energy – Congo
TotalEnergies and its partners, QatarEnergy and Congo’s state oil company SNPC, have secured rights to explore the Nzombo offshore block in the Republic of the Congo.
Under a production-sharing contract with the Congolese government, TotalEnergies’ Congo affiliate will operate the block with a 50% stake, French and Qatari oil majors said in two separate statements.
QatarEnergy will hold 35% and Société Nationale des Pétroles du Congo (SNPC) will hold the remaining 15%, it added.
The 1,000-square-kilometer permit is located about 100 kilometers off the coast of Pointe-Noire, near the Moho production facilities operated by TotalEnergies EP Congo. The partners plan to drill one exploration well before the end of 2025.
