Total's Subsidiary to Drill New Oil Wells in the Republic of the Congo
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.
Write to Barcelona Editors at email@example.com
(END) Dow Jones Newswires
January 20, 2021 05:24 ET (10:24 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.