Global Finance News
13 Apr 2026, 18:01
TotalEnergies announced a new hydrocarbon discovery on the Moho license offshore the Republic of Congo, reinforcing its upstream portfolio in the region.
The discovery was made following the drilling of the MHNM-6 exploration well, which encountered a hydrocarbon column of around 160 meters in high-quality reservoirs. Combined with a nearby earlier discovery, total recoverable resources are estimated at close to 100 million barrels.
The company plans to develop the find through a tie-back to existing Moho production infrastructure, enabling a faster and more cost-efficient development cycle. Current facilities in the area produce around 90,000 barrels of oil equivalent per day.
TotalEnergies operates the license with a 63.5% stake, alongside Trident Energy and Société Nationale des Pétroles du Congo.
The discovery was made following the drilling of the MHNM-6 exploration well, which encountered a hydrocarbon column of around 160 meters in high-quality reservoirs. Combined with a nearby earlier discovery, total recoverable resources are estimated at close to 100 million barrels.
The company plans to develop the find through a tie-back to existing Moho production infrastructure, enabling a faster and more cost-efficient development cycle. Current facilities in the area produce around 90,000 barrels of oil equivalent per day.
TotalEnergies operates the license with a 63.5% stake, alongside Trident Energy and Société Nationale des Pétroles du Congo.