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TotalEnergies Gabon: an increase recorded in the first half of 2024

11/09/2024
Source : ORISHAS-FINANCE
Categories: Companies

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TotalEnergies Gabon unveiled its financial results for the second quarter as well as its 2024 half-year balance sheet. The company recorded economic performance over these key periods.

TotalEnergie announces satisfactory results for the first quarter and the first half of 2024. In the second quarter of 2024, TotalEnergies Gabon's turnover was 124 million dollars (million), up 3% compared to the first quarter of 2024 (120 million). In fact, over the first half of 2024, the average selling price of marketed crude oil ($81.6/b) -dollars/b- increased by 9% compared to the first half of 2023 ($75.1/b), higher than the evolution of Brent over the period in 2023. In the second quarter of 2024, the average price of Brent stood at $85.0 per barrel, up by 2% compared to the first quarter of 2024 ($83.2/b

).

La compagnie pétrolière a indiqué que, “le prix Average sales volume of crude oil marketed by TotalEnergies EP Gabon was $81.4/bbl, down slightly compared to the first quarter of 2024 ($81.9/bbl), due to less favorable market conditions for crude oil from Mandji quality”. Regarding crude oil production, TotalEnergies Gabon indicates that in the second quarter of 2024, it amounted to 17.4 Mb/d, up slightly compared to the first quarter of 2024 (

17.2 Mb/d).
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