TotalEnergies exits S’African gas fields over economic challenges

French energy giant TotalEnergies said on Monday it was withdrawing from two offshore gas fields in South Africa as they did not appear economically viable. A subsidiary of TotalEnergies owns a 45 per cent stake in a block off the country’s southern coast where the fields, Brulpadda and Luiperd, were discovered. TotalEnergies said they could Read More

Read More