(IN BRIEF) TotalEnergies is withdrawing from South Africa’s offshore Block 11B/12B and Block 5/6/7 due to economic viability challenges, following the exit of partner CNRI. Despite significant gas discoveries in Block 11B/12B, the company decided it is not feasible to … Read the full press release →
Posted in Business, Economy, Energy, Gas & Oil, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged Offshore Blocks, partnership, South Africa, TotalEnergies, Withdrawal
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