Doha: QatarEnergy, as a shareholder in TotalEnergies EandP Congo (TEPC), announced a hydrocarbon discovery in the MHNM-6 NFW well of the Moho G structure in the Republic of Congo, part of the country's Moho offshore exploration and production license.
According to Qatar News Agency, QatarEnergy revealed it holds a 15% shareholding position in TotalEnergies EandP Congo (TEPC), which operates the Moho license. TEPC holds a 63.5% share of the license, alongside Trident Energy with 21.5%, and Soci©t© Nationale des P©troles du Congo with 15%.
Commenting on the discovery, HE Minister of State for Energy Affairs and the President and CEO of QatarEnergy, Eng. Saad bin Sherida Al Kaabi, expressed satisfaction with the new discovery in the Republic of Congo, emphasizing its potential to enhance QatarEnergy's international portfolio. He highlighted the importance of collaboration with TotalEnergies and the Congolese Government in developing these resources.
The MHNM-6 NFW well has encountered a 160-meter hydrocarbon column in Albian reservoirs. Data acquisition and sampling were conducted to aid subsurface interpretation and future development.