Customize Consent Preferences

We use cookies to help you navigate efficiently and perform certain functions. You will find detailed information about all cookies under each consent category below.

The cookies that are categorized as "Necessary" are stored on your browser as they are essential for enabling the basic functionalities of the site. ... 

Always Active

Necessary cookies are required to enable the basic features of this site, such as providing secure log-in or adjusting your consent preferences. These cookies do not store any personally identifiable data.

No cookies to display.

Functional cookies help perform certain functionalities like sharing the content of the website on social media platforms, collecting feedback, and other third-party features.

No cookies to display.

Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics such as the number of visitors, bounce rate, traffic source, etc.

No cookies to display.

Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.

No cookies to display.

Advertisement cookies are used to provide visitors with customized advertisements based on the pages you visited previously and to analyze the effectiveness of the ad campaigns.

No cookies to display.

​QP acquire interests in exploration blocks from TotalEnergies in South Africa

Qatar Petroleum entered into agreements with TotalEnergies to acquire working interests in three offshore exploration blocks in South Africa.

Under the terms of the agreements, which are subject to customary approvals by the government of South Africa, Qatar Petroleum will hold a 25% participating interest in the South Outeniqua block, a 30% participating interest in the DWOB block, and a 29.17% participating interest in the OBD block.


Commenting on this occasion, His Excellency Mr. Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs, the President and CEO of Qatar Petroleum, said, “These acquisitions represent an excellent addition to our South African regional upstream portfolio, and build upon the positive progress following the recent drilling success in the 11B/12B block.” “We are delighted to have the opportunity to work with our strategic partner TotalEnergies to explore these promising and prospective blocks, and to further develop our relationship with the South African Government and other joint venture partners, whilst also pushing forward with Qatar Petroleum’s ambitious growth strategy. I would like to take this opportunity to thank the South African authorities and partners for their valuable support and cooperation.”


The South Outeniqua block covers an area of approximately 49,000 square kilometers in water depths ranging between 200 and 5,000 meters. TotalEnergies is the Operator and holds the remaining participating interest in the block. It is located directly south of the 11B/12B block where TotalEnergies, Qatar Petroleum, Canadian Natural Resources Limited and Main Street Limited have announced significant gas condensate discoveries in the Brulpadda and Luiperd prospects.


The DWOB and OBD blocks cover a combined area of about 53,000 square kilometers in water depths ranging between 1,000 and 4,200 meters and are located in the Orange Basin directly south of Namibian blocks 2912 and 2913B in which Qatar Petroleum already holds participating interests, and in close proximity to Blocks 2913A and 2914B, into which Qatar Petroleum’s entry was recently announced, pending customary approvals. The other JV partners in the DWOB block are TotalEnergies (Operator) with a 50% participating interest, and Sezigyn with a 20% participating interest. In the OBD block the JV partners are TotalEnergies (Operator) with a 48.61%, participating interest and Impact with a 22.22% participating interest. ​


Information Source: Read Full Release ..–>

#FOLLOW US ON INSTAGRAM