TotalEnergies and QatarEnergy Expand Presence Offshore South Africa with New License

Wednesday, 6 March 2024, 12:53

TotalEnergies and QatarEnergy have increased their footprint offshore South Africa after acquiring stakes in the Orange Basin. The acquisition from Eco Atlantic Oil & Gas opens up exploration opportunities for potential oil and gas prospects. This move signals a strategic expansion in the region's energy sector, positioning the companies for significant growth.
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TotalEnergies and QatarEnergy Expand Presence Offshore South Africa with New License

TotalEnergies & QatarEnergy Expand Offshore Presence

TotalEnergies and QatarEnergy have acquired new stakes in South Africa's Orange Basin, marking a strategic move to explore potential oil and gas prospects.

Exploration Opportunities Unveiled

  • TotalEnergies and QatarEnergy aim to leverage their expertise to unlock the region's energy potential.

This acquisition signifies a significant step towards enhancing energy exploration off the coast of South Africa, with a focus on driving growth in the sector.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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