TotalEnergies has announced its withdrawal from Block 11B/12B, off the southern coast of South Africa, following the decision of its partner, CNRI, to exit the block. TotalEnergies EP South Africa, an affiliate of TotalEnergies, holds a 45 percent interest in this block.

TotalEnergies initially entered Block 11B/12B in 2013 and subsequently made two gas discoveries, Brulpadda and Luiperd. However, these discoveries could not be developed into commercial ventures due to the challenges associated with economically developing and monetizing the gas for the South African market.

In addition, TotalEnergies has decided to exit offshore exploration Block 5/6/7, where TotalEnergies EP South Africa currently holds a 40 percent interest.

For more information visit www.totalenergies.com

29 July 2024