On Thursday, September 28, the French oil company TotalEnergies formalized the sale of part of the interests it holds in Block 20, an offshore perimeter, located in the Kwanza Basin in Angola & agrave; the local subsidiary of the Malaysian company Petronas

Petronas obtained a direct 40% stake in the site in exchange for $400 million. The agreement between the two companies (French oil company TotalEnergies and Malaysian company Petronas) is a new step in the development plan for this field. é According to Nicolas Terraz, Director General é Exploration & Production of TotalEnergies, “TotalEnergies is pleased to welcome Petronas, one of its strategic partners, to Block 20 of the Kwanza Basin. With Sonangol and Petronas, we have established a strong partnership that will collectively allow us to make the final investment decision for the development of the Cameia and Golfinho fields, with the support of the Angolan authorities style="font-family: "Bookman Old Style”,