TotalEnergies acquires interests in a block in South Africa
Following closing of the transaction, which is subject to the approval of the relevant authorities, the French group will hold a 33% interest in the 3B/4B permit and the role of operator, and QatarEnergy will hold a 24% interest.
Located in the prolific Orange Basin, 200 km off the west coast of South Africa, Block 3B/4B covers 17,581 km2. It adjoins the DWOB block, operated by TotalEnergies (50%) alongside QatarEnergy (30%) and Sezigyn (20%).
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