QatarEnergy announces hydrocarbon discovery in Congo offshore

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).

Commenting on the discovery, Mr. Saad Sherida 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.

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ALCHEMPro News Desk (JP)