REG-TOTAL Suriname: TotalEnergies Expands its Presence with Two New Shallow Water Exploration Licenses

TotalEnergies SEAnnouncement

25/06/2021 07:35

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Suriname: TotalEnergies Expands its Presence with Two New Shallow Water
Exploration Licenses

 

TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) and its partner Qatar Petroleum
have been awarded Block 6 and Block 8 in the Suriname SHO Bid Round 2020/2021.
TotalEnergies shall operate these blocks, situated in shallow water with
depths between 30 meters and 50 meters, and adjacent to the TotalEnergies
operated Block 58, where 4 significant discoveries have been made since
January 2020 and where operations are continuing in 2021.

With these two new operated exploration blocks, TotalEnergies expands its
position in Suriname, an emerging world class basin. A 3D seismic acquisition
campaign will be carried out on these 2 licenses to confirm their potential.

“This award demonstrates our ability to capture exploration acreage in a
core area for TotalEnergies, pursuing our strategy of exploring for low
development cost oil resources in highly prospective basins, particularly
here, reinforcing our operatorship position in Suriname Block 58 ”, said
Kevin McLachlan, Senior Vice President Exploration. “We are delighted to
continue to expand our strategic international partnership with Qatar
Petroleum on these blocks.”

TotalEnergies will operate the blocks with a 40% working interest, alongside
Qatar Petroleum (20%) and the national company Staatsolie (40%).

About TotalEnergies

TotalEnergies is a broad energy company that produces and markets energies on
a global scale: oil and biofuels, natural gas and green gases, renewables and
electricity. Our 105,000 employees are committed to energy that is ever more
affordable, clean, 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.

Cautionary Note

This press release, from which no legal consequences may be drawn, is for
information purposes only. The entities in which TotalEnergies SE directly or
indirectly owns investments are separate legal entities. TotalEnergies SE has
no liability for their acts or omissions. In this document, the terms
“TotalEnergies”, “TotalEnergies “Company” and “Company” are
sometimes used for convenience. Likewise, the words “we”, “us” and
“our” may also be used to refer to subsidiaries in general or to those who
work for them. 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 regulatory environment. They may prove to be
inaccurate in the future and are subject to a number of risk factors. Neither
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.

TotalEnergies 

Media Relations: +33 1 47 44 46 99 l presse@total.com
(mailto:presse@total.com) l presse@totalenergies.com
(mailto:presse@totalenergies.com) l @TotalEnergiesPR 

Investor Relations: +44 (0)207 719 7962 l ir@totalenergies.com
(mailto:ir@totalenergies.com)



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