TotalEnergies and Inpex sell stake in Angola offshore block
Published by Nicholas Woodroof,
Editor
Oilfield Technology,
Angola Block 14 B.V., owned by TotalEnergies Holdings International B.V. (50.01%) and Inpex Angola Block 14 Ltd (49.99%) holds a 20% interest in block 14 in Angola and a 10% interest in block 14K. The offshore blocks have been producing since 1999. Net production from Angola Block 14 B.V. was 9000 boe/d in 2021.
“By divesting this interest in mature fields, TotalEnergies is implementing its strategy to high-grade its oil portfolio, focusing on assets with low costs and low emissions" said Henri-Max Ndong-Nzue, Senior Vice President Africa of TotalEnergies Exploration & Production. “TotalEnergies remains the number one energy player in Angola, through its leading operating position in deep-offshore, its interest in Angola LNG and in a first solar power plant project, Quilemba Solar, located in the southwest of the country."
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Read the article online at: https://www.oilfieldtechnology.com/offshore-and-subsea/17012022/totalenergies-and-inpex-sell-stake-in-angola-offshore-block/
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