September 3, 2025

TotalEnergies Secures New Offshore Exploration Permit off the Coast of Congo

TotalEnergies has obtained a new exploration permit for a deepwater area off the coast of the Republic of Congo. This new block, called Nzombo, covers 1,000 km² and is located 100 km from Pointe-Noire, near the existing Moho facilities.

The French oil company will operate the project with a 50% stake, partnering with QatarEnergy (35%) and the National Oil Company of Congo (SNPC) (15%), the latter also holding a share in the Moho facilities.

An exploration well will be drilled on this site before the end of 2025. With this project, TotalEnergies is strengthening its presence in Congo, where its current production stands at around 65,000 barrels of oil per day. The group expects this new permit to contribute to the discovery of “high-impact prospects.”

Cover Investment News Nigeria Renewable energies

Nigeria – SNEPCo Managing Director calls for bold investments to bridge the energy deficit

Ronald Adams, Managing Director of SNEPCo (Shell Nigeria Exploration and Production Company) and Chairman of the investment company All On, has highlighted the need for substantial investments to address Nigeria’s energy crisis. According to him, the lack of access to energy affects millions of households and industries across the country. Speaking at a conference in […]

Cover Electricity News

Public Utilities in Africa: New Capabilities to Extend the Lifespan of Utility Poles

New Study Highlights Success of Polesaver Rot-Guard™ Sleeves in Combatting Decay and Termite Damage A new independent field study conducted in Uganda has revealed compelling evidence supporting the use of Polesaver (www.Polesaver.com) Rot-Guard™ sleeves to maximise the lifespan of wooden electricity distribution poles. The findings are expected to guide utility companies and infrastructure specifiers across […]

Cover News Nigeria Oil

A $100 Billion Energy Deal Between Seoul and Washington Puts Nigeria Under Pressure

Following a $100 billion, four-year energy agreement between South Korea and the United States, Nigeria could see its oil exports to Asia weaken. The deal, concluded during a state visit by the South Korean president, reinforces an already established trend: South Korea, already the largest Asian buyer of U.S. crude, is set to increase its […]