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TTE TotalEnergies SE

65.99
0.29 (0.44%)
24 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
TotalEnergies SE EU:TTE Euronext Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.29 0.44% 65.99 65.99 66.10 66.09 65.13 65.48 2,351,491 16:40:00

TotalEnergies Expands in Suriname, Signs Block 64 Production Sharing Contract

15/12/2023 3:16pm

Dow Jones News


TotalEnergies (EU:TTE)
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By Pierre Bertrand

 

TotalEnergies said that it has expanded its presences in the South American country of Suriname with a new offshore exploration license.

The French oil and gas major, along with partners QatarEnergy and Petronas, signed a production-sharing contract for Block 64 with the country's state-owned oil company, Staatsolie Maatschappij Suriname.

TotalEnergies will operate the block with a 40% stake with QatarEnergy and Petronas splitting the remainder equally at 30% each, TotalEnergies said Friday.

The block is situated roughly 250 kilometers from the coast and is more than 6,000 square kilometers in size, the company said.

TotalEnergies and its partners were awarded the block in the country's 2022-23 bidding round, TotalEnergie said.

 

Write to Pierre Bertrand at pierre.bertrand@wsj.com

 

(END) Dow Jones Newswires

December 15, 2023 10:01 ET (15:01 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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