Total Gabon : TotalEnergies E&P Gabon finalizes the divestment of interests in non-operated assets...EN (pdf - 156.91 Ko)

PRESS RELEASE

TotalEnergies EP Gabon

TotalEnergies E&P Gabon finalizes the divestment of interests

in non-operated assets and the Cap Lopez Terminal

Port-Gentil,December 7th, 2021 - After receiving the approval of Gabonese authorities, TotalEnergies announces the closing of its agreement to divest to Perenco Oil and Gas Gabon non-strategic assets.

With this transaction, in amount of $350 million before final adjustment, TotalEnergies E&P Gabon is divesting its interests in seven mature offshore fields operated by Perenco Oil and Gas Gabon, along with its interests and operatorship in the Cap Lopez oil terminal, to Perenco Oil and Gas Gabon. The divested assets' production stood at 8,400 barrels of oil equivalent per day for the first three quarters of 2021.

• This transaction is aligned with the company's strategic refocusing launched since 2017. We remain a fully committed oil industry player in Gabon. », commented Henri-Max NDONG NZUE, President of TotalEnergies E&P Gabon.

List of assets included in the transaction

	Sector			Field			TotalEnergies E&P Gabon's			TotalEnergies E&P Gabon's
					interest before the transaction			interest after the transaction
				Grondin
Grondin		Gonelle
	Barbier	65,275%
				Mandaros				0%
				Girelle
Torpille		Pageau
				Hylia	37,500%
Cap Lopez oil terminal	100%

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AboutTotalEnergies EP Gabon

TotalEnergies EP Gabon is owned 58.28% by the TotalEnergies SE, 25% by the Gabonese Republic and 16.72% by private sector investors.

About TotalEnergies

TotalEnergies is a global multi-energy company that produces and markets energies: oil and biofuels, natural gas and green gases, renewables and electricity. Our 105,000 employees are committed to energy that is ever more affordable, cleaner, more reliable and accessible to as many people as possible. Active in more than 130 countries, TotalEnergies puts sustainable development in all its dimensions at the heart of its projects and operations to contribute to the well-being of people.

TotalEnergies EP Gabon Contacts [e-mail]

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Cautionary Note

The terms "TotalEnergies", "TotalEnergies company" or "Company" in this document are used to designate TotalEnergies SE and the consolidated entities that are directly or indirectly controlled by TotalEnergies SE. Likewise, the words "we", "us" and "our" may also be used to refer to these entities or to their employees. The entities in which TotalEnergies SE directly or indirectly owns a shareholding are separate legal entities. TotalEnergies SE has no liability for the acts or omissions of these entities. This document may contain forward-looking information and statements that are based on a number of economic data and assumptions made in a given economic, competitive and regulatory environment. They may prove to be inaccurate in the future and are subject to a number of risk factors. Neither TotalEnergies SE nor any of its subsidiaries assumes any obligation to update publicly any forward- looking information or statement, objectives or trends contained in this document whether as a result of new information, future events or otherwise. Information concerning risk factors, that may affect TotalEnergies' financial results or activities is provided in the most recent Registration Document, the French-language version of which is filed by TotalEnergies SE with the French securities regulator Autorité des Marchés Financiers (AMF), and in the Form 20-F filed with the United States Securities and Exchange Commission (SEC).