By Emmanuel Tumanjong

Special to Dow Jones Newswires


The general manager for Total E&P Congo, a subsidiary of French energy giant Total SE, has said the company will drill new oil wells in the Republic of the Congo this year, according to the ministry of hydrocarbons late Tuesday.

Martin Deffontaines is holding talks with several top government officials to discuss the project.

Mr. Deffontaines didn't say how much crude oil Total E&P Congo would produce this year, but said that "although the coronavirus pandemic seriously hit our activities, we were still able to produce 75,000 barrels of crude in 2020."

Late last year, Total's Chief Executive Patrick Pouyanne met with President Denis Sassou-Nguesso to secure an authorization that will permit the company to exploit crude oil in the Republic of the Congo for the next 20 years.


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(END) Dow Jones Newswires

January 20, 2021 05:24 ET (10:24 GMT)

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