QatarEnergy, as a shareholder in TotalEnergies E&P Congo (TEPC), announced a hydrocarbon discovery in the MHNM-6 NFW well of the Moho G structure in Congo, part of the country’s Moho offshore exploration and production license.
QatarEnergy holds a 15
per cent shareholding position in TotalEnergies E&P Congo (TEPC) which is
the operator in the Moho license.
TEPC holds a 63.5 per
cent share of the license, alongside Trident Energy (21.5 per cent), and
Société Nationale des Pétroles du Congo (15 per cent).
Saad Al-Kaabi, the
Minister of State for Energy Affairs, the President and CEO of QatarEnergy,
stated: "We are pleased to further strengthen our expanding international
portfolio with this promising new discovery in the Republic of Congo. We look
forward to working with our strategic partner, TotalEnergies, and with the
Congolese Government to develop these resources.”
The MHNM-6 NFW well
has encountered a 160-meter hydrocarbon column in good-quality Albian
reservoirs.
Data acquisition and
sampling were conducted to aid subsurface interpretation and future
development. -OGN/TradeArabia News Service
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