TotalEnergies E&P Gabon Finalizes the Divestment of Interests in Non-operated Assets and the Cap Lopez Terminal
December 08 2021 - 1:51AM
Business Wire
Regulatory News:
After receiving the approval of Gabonese authorities,
TotalEnergies announces the closing of its agreement to divest to
Perenco Oil and Gas Gabon non-strategic assets.
With this transaction, in amount of $350 million before final
adjustment, TotalEnergies E&P Gabon (Paris:EC) is divesting its
interests in seven mature offshore fields operated by Perenco Oil
and Gas Gabon, along with its interests and operatorship in the Cap
Lopez oil terminal, to Perenco Oil and Gas Gabon. The divested
assets’ production stood at 8,400 barrels of oil equivalent per day
for the first three quarters of 2021.
« This transaction is aligned with the company’s strategic
refocusing launched since 2017. We remain a fully committed oil
industry player in Gabon. », commented Henri-Max NDONG NZUE,
President of TotalEnergies E&P Gabon.
List of assets included in the
transaction
Sector
Field
TotalEnergies E&P Gabon’s
interest before the transaction
TotalEnergies E&P Gabon’s
interest after the transaction
Grondin
Grondin
65,275%
0%
Gonelle
Barbier
Mandaros
Torpille
Girelle
Pageau
Hylia
37,500%
Cap Lopez oil terminal
100%
***
AboutTotalEnergies EP Gabon TotalEnergies EP Gabon is
owned 58.28% by the TotalEnergies SE, 25% by the Gabonese Republic
and 16.72% by private sector investors.
About TotalEnergies TotalEnergies is a global
multi-energy company that produces and markets energies: oil and
biofuels, natural gas and green gases, renewables and electricity.
Our 105,000 employees are committed to energy that is ever more
affordable, cleaner, more reliable and accessible to as many people
as possible. Active in more than 130 countries, TotalEnergies puts
sustainable development in all its dimensions at the heart of its
projects and operations to contribute to the well-being of
people.
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company” or “Company” in this document are used to designate
TotalEnergies SE and the consolidated entities that are directly or
indirectly controlled by TotalEnergies SE. Likewise, the words
“we”, “us” and “our” may also be used to refer to these entities or
to their employees. The entities in which TotalEnergies SE directly
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TotalEnergies SE has no liability for the acts or omissions of
these entities. This document may contain forward-looking
information and statements that are based on a number of economic
data and assumptions made in a given economic, competitive and
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TotalEnergies SE nor any of its subsidiaries assumes any obligation
to update publicly any forward-looking information or statement,
objectives or trends contained in this document whether as a result
of new information, future events or otherwise. Information
concerning risk factors, that may affect TotalEnergies’ financial
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Document, the French-language version of which is filed by
TotalEnergies SE with the French securities regulator Autorité des
Marchés Financiers (AMF), and in the Form 20-F filed with the
United States Securities and Exchange Commission (SEC).
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TotalEnergies EP Gabon Contacts
actionnariat-epgabon@totalenergies.com Media Relations: +33 1 47 44
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Relations: +33 (0)1 47 44 46 46 l ir@totalenergies.com
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