(Boursier.com) — TotalEnergies EP Gabon signed an agreement with the Gabonese Republic relating to the rearrangement of certain provisions of the Establishment Agreement, the duration of which is extended until 2042 and; a new Exploitation and Production Sharing Contract (CEPP) on the Baudroie-Mérou Marine G5-143 permit for a period of twenty-five (25) years until 2047.
“The signing of these agreements confirms our Company’s desire to strengthen its partnership with the Gabonese Republic and to pursue the development of its activities in Gabon”, declared Henri-Max NDONG-NZUE, President of TotalEnergies EP Gabon. “We remain fully committed as an energy producer in Gabon. We are continuing our investments to reduce our greenhouse gas emissions, in particular by developing associated gas, and are continuing to implement actions to support our production”.
©2022 Boursier.com