TotalEnergies SE (NYSE:TTE) disclosed that its affiliate, TotalEnergies EP Congo, inked a deal with Trident Energy for a combination of purchase and sale transactions in the Republic of Congo.
In particular, the oil giant will acquire an additional 10% stake in the Moho license from Trident Energy and sell its 53.5% interest in the Nkossa and Nsoko II licenses to the company.
Also Read: TotalEnergies Revitalizes Danish North Sea Operations: Tyra Hub Production Restarted
Moho is a deep offshore field located 80 kilometers off the coast of Pointe Noire. Meanwhile, Nkossa and Nsoko II are two offshore fields situated 70 kilometers off the ...