TotalEnergies EP Gabon, a listed company that is 58.3%-owned by TotalEnergies and 25% by the Gabonese government, has reported net income of $22m for Q1 2025, down 12% y-o-y.

Revenue reached $117m, down 3%, due to lower average prices for crude oil sold by the company (-8%), partially offset by higher volumes of crude oil sold (+7%).

TotalEnergies EP Gabon's crude oil production declined by 3% to 16.7 kb/d, mainly due to the natural decline of the fields, partially offset by improved availability of the Anguille and Torpille facilities.


Copyright (c) 2025 CercleFinance.com. All rights reserved.