By America Hernandez PARIS, April 13 - French oil major TotalEnergies has found hydrocarbons as part of a drilling campaign to expand its currently operational Moho field offshore Republic of Congo,
TotalEnergies discovers hydrocarbons in Congo near existing production facilities
Major Hydrocarbon Discovery and Expansion Plans
By America Hernandez
Drilling Campaign and Discovery Details
PARIS, April 13 - French oil major TotalEnergies has found hydrocarbons as part of a drilling campaign to expand its Moho field offshore Republic of Congo, it said on Monday.
Resource Estimates
The well encountered a column of 160 metres of oil and gas. Total said the Moho G discovery and its previous Moho H find represent recoverable resources of close to 100 million barrels.
Strategic Importance of West Africa
Oil majors have expressed renewed interest nL8N3WN1I6 in West Africa in a bid to replenish resources from declining fields elsewhere.
Current Production and Infrastructure
TotalEnergies' current production at the Moho deep offshore field, located 80 km (50 miles) from the coast of Pointe Noire, consists of two floating units with combined output of around 90,000 barrels of oil-equivalent per day.
Development Plans
The company plans to connect the Moho F and Moho G discoveries to existing Moho facilities.
Statement from TotalEnergies
"This new discovery on the Moho license benefits from its proximity to existing production infrastructure, allowing a short-cycle, cost-effective tie-back development," Nicola Mavilla, Senior Vice-President Exploration, said in a statement.
Project Stakeholders
TotalEnergies EP Congo is the operator of Moho license with a 63.5% participation, alongside Trident Energy with 21.5% and Société Nationale des Pétroles du Congo with 15%.
(Reporting by America Hernandez in Paris; Editing by Joe Bavier)
