TotalEnergies EP Congo completed the acquisition of an additional 53.5% stake in Nkossa and Nsoko II licenses from TotalEnergies SE.
TotalEnergies EP Congo agreed to acquire an additional 53.5% stake in Nkossa and Nsoko II licenses from TotalEnergies SE (ENXTPA:TTE) on April 24, 2024. TotalEnergies EP Congo will hold an 85% working interest in the Nkossa and Nsoko II fields after the completion of the transaction. The deal is subject to regulatory approvals, approval from the relevant authorities, and to the completion of Trident Energy?s acquisition of Chevron Congo. The transaction is anticipated to be completed by the end of Q4 2024. Joe Levin, Chris Kilburn, Nick Walker, Claire Miles, John Ahern, Rob McBride and Heike Trischmann of Watson, Farley & Williams LLP and Philippe Monfort of Watson Farley & Williams of TotalEnergies EP Congo.
TotalEnergies EP Congo completed the acquisition of an additional 53.5% stake in Nkossa and Nsoko II licenses from TotalEnergies SE (ENXTPA:TTE) on January 14, 2025.