Total Gabon: 51% increase in annual turnover


(CercleFinance.com) – Total Gabon (TotalEnergies EP Gabon) posted revenue for 2021 of $655 million, up 51% thanks to the significant rise in selling prices for the quality of crude oil marketed, 78% to 64.8 dollars per barrel ($/b).

The share of crude oil production linked to the interests of TotalEnergies EP Gabon contracted by 11% to 22,900 barrels per day, due among other things to the sale of interests in seven mature fields offshore (non-operated sector of Grondin) effective December 7.

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