TotalEnergies Strikes 100M Barrel Oil Find at Congo's Moho
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- TotalEnergies found oil and gas at the MHNM-6 NFW exploration well targeting the Moho G structure on its offshore Republic of Congo license, encountering a hydrocarbon column in good-quality Albian reservoirs.
- TotalEnergies EP Congo operates the Moho license with a 63.5% stake; the Moho G discovery combined with the nearby Moho F find represents recoverable resources estimated at close to 100 million barrels.
- The new find is planned for development as a tie-back to existing Moho facilities, with Nicola Mavilla, TotalEnergies' Senior Vice-President of Exploration, citing the proximity for a "short cycle, cost effective" development.
- The Moho Nord deep offshore project, which TotalEnergies started up nearly a decade ago offshore Pointe-Noire, has a production capacity of 100,000 barrels of oil equivalent per day.
- Last September, TotalEnergies, QatarEnergy, and Congo's national company SNPC were awarded the Nzombo exploration permit, located about 100 kilometers off the coast of Pointe-Noire and close to existing Moho production facilities.
Why it matters: TotalEnergies locks in roughly 100 million barrels of recoverable resources tied back to existing Moho infrastructure, extending the life of a hub already producing 100,000 boe/d without a major newbuild. The September Nzombo permit award alongside partners QatarEnergy and SNPC shows the company is building a multi-field production cluster around Moho rather than treating each find as a one-off.
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