Mineral Resources and Energy notes TotalEnergies’s announcement to exit from offshore blocks 11b/12b and 5/6/7
The Department of Mineral Resources and Energy (DMRE) notes TotalEnergies announcement to exit from offshore blocks 11b/ 12b and 5/6/7. We are confident that a suitable investor will come on board and be able to monetise the gas discoveries.
Additionally, we are pleased that TotalEnergies is not entirely leaving oil and gas opportunities in South Africa as they still hold exploration rights over Blocks Deep Water Orange Basin and Orange Basin Deep, Outeniqua South, and recent entry in Block 3B/4B east of Deep Water Orange Basin.
The Department remains committed to the exploration of the country’s oil and gas resources and will intensify engagements with key role players to ensure the development and sustainability of the sector.
For media enquiries, contact
Mediadesk@dmre.gov.za
Telephone: 012 4067781/ 7481/ 7469
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