TotalEnergies Secures Massive Algeria Oil Exploration Rights in Strategic Berkine-Illizi Basin Partnership

TotalEnergies Secures Massive Algeria Oil Exploration Rights in Strategic Berkine-Illizi Basin Partnership

New 14,900 km² Ahara license spans two prolific basins. Partnership with QatarEnergy and SONATRACH targets untapped energy reserves. Get expansion details.

TotalEnergies, QatarEnergy granted new exploration license in Algeria - Drilling Contractor

TotalEnergies and QatarEnergy were jointly awarded the Ahara license following the Algeria Bid Round 2024 launched by The National Agency for the Valorization of Hydrocarbon Resources (ALNAFT). Ahara is a large license covering an area of approximately 14,900 sq km, located at the intersection of the Berkine and Illizi Basins. TotalEnergies will serve as the … The post TotalEnergies, QatarEnergy granted new exploration license in Algeria appeare…

TotalEnergies to Acquire a Stake in Chevron’s Offshore Asset Portfolio in the U.S.

French energy company TotalEnergies is acquiring a 25% working interest in Chevron’s U.S. offshore exploration asset portfolio, according to the company’s statement. “TotalEnergies announces the acquisition of a 25% working interest in a portfolio of exploration blocks on the U.S. offshore shelf from Chevron (the operator),” the release states. The deal involves 40 federal blocks on the Outer Continental Shelf (OCS), covering approximately 1,00…