(CercleFinance.com) – TotalEnergies EP Gabon, a 58.3% subsidiary of TotalEnergies, indicates that it has 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.
The company has also concluded with Gabon – holder of a quarter of its capital – a new exploitation and production sharing contract (CEPP) on the Baudroie-Mérou Marine G5-143 permit for a period of 25 years until in 2047.
“We are continuing our investments to reduce our greenhouse gas emissions, in particular by promoting associated gas, and are continuing to implement actions to support our production,” comments its president, Henri-Max Ndong-Nzue.
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