Congo-Brazzaville : TotalEnergies commits $600M to Moho offshore license

TotalEnergies has allocated $600 million to develop the Moho offshore license in Congo-Brazzaville. This major investment—including a 10% increase in local operational stake—aims to boost production and explore new underwater reserves, potentially adding 40,000 barrels/day. Welcomed by Congolese authorities as a vote of investor confidence, this strategic project may transform the country’s energy landscape.