REG-TotalEnergies SE Liberia: TotalEnergies is Awarded Four Offshore Exploration Permits

TotalEnergies SEAnnouncement

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Liberia: TotalEnergies is Awarded Four Offshore Exploration Permits

 

TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) has signed four Production
Sharing Contracts (PSC) for the LB-6, LB-11, LB-17 and LB-29 Exploration
blocks offshore Liberia, which were awarded following the 2024 Direct
Negotiation Licensing Round organized by the Liberia Petroleum Regulatory
Agency.

The blocks LB-6, LB-11, LB-17 and LB-29, covering an area of approximately
12,700 square kilometers, are located in the south of the Liberia Basin. The
work program includes acquiring one firm 3D seismic survey.

“TotalEnergies is enthusiastic to be part of the resumption of exploration
activities in offshore Liberia,” said Kevin McLachlan, Senior Vice-President
Exploration at TotalEnergies. “Entering these blocks aligns with our
strategy of diversifying our Exploration portfolio in high-potential new
oil-prone basins. These areas hold significant potential for prospects that
have the potential for large-scale discoveries that lead to cost-effective,
low-emission developments, leveraging the Company’s proven expertise in
deepwater operations.”

About TotalEnergies

TotalEnergies is a global integrated energy company that produces and markets
energies: oil and biofuels, natural gas, biogas and low-carbon hydrogen,
renewables and electricity. Our more than 100,000 employees are committed to
providing as many people as possible with energy that is more reliable, more
affordable and more sustainable. Active in about 120 countries, TotalEnergies
places sustainability at the heart of its strategy, its projects and its
operations.

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Cautionary Note

The terms “TotalEnergies”, “TotalEnergies 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 or indirectly owns a shareholding are separate legal 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 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. Information concerning risk factors, that may affect
TotalEnergies’ financial results or activities is provided in the most
recent Universal Registration 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).

TotalEnergies Contacts 

Media Relations: +33 (0)1 47 44 46 99 l presse@totalenergies.com
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Investor Relations: +33 (0)1 47 44 46 46 l ir@totalenergies.com
(mailto:ir@totalenergies.com)



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