OGU Oil & Gas Uzbekistan 2026

TotalEnergies Makes Moho License Discovery Offshore Congo

TotalEnergies has confirmed a fresh hydrocarbon find offshore the Republic of Congo, with the Moho license discovery marking a significant development as the country advances toward its target of 500,000 barrels per day (bpd) in oil production. The project is operated by TotalEnergies with a 63.5% stake, in partnership with Société Nationale des Pétroles du Congo (SNPC) and Trident Energy. Focused on the Moho G structure within the wider Moho complex, the Moho license discovery further strengthens Congo’s standing as a mature oil producer while highlighting additional untapped resource potential.

Located in the prolific Moho complex, which accounts for more than half of the country’s oil output, the Moho G structure revealed a hydrocarbon column measuring approximately 160 meters within high-quality Albian reservoirs. This latest Moho license discovery builds on the earlier Moho F discovery, with the combined features estimated to hold recoverable resources of 100 billion barrels. Its close proximity to established production infrastructure enhances its commercial appeal, enabling efficient tie-backs and faster development timelines. Existing facilities, including the Alima and Likouf FPSO units, provide a combined production capacity of 90,000 bpd, supporting the integration of the new resources.

The discovery aligns with TotalEnergies’ broader strategy to scale up output across its Congolese assets. In 2025, the company committed over $500 million to expanding the Moho Nord complex, and the Moho license discovery underscores the effectiveness of infrastructure-led exploration. By utilizing existing FPSO systems, the development is expected to unlock additional volumes within Congo’s largest producing block while improving project economics and operational resilience over the long term.

Exploration activity across Congo continues to gain momentum beyond the Moho Nord area. In February 2026, Perenco initiated operations at the Kombi 2 platform, a $200 million development targeting an additional 10 million barrels at the Kombi-Likalala-Libondo II field. The facility is designed to support a six-well drilling campaign beginning in 2026, aimed at enhancing production and field performance. Meanwhile, progress in the gas sector has also been notable, with the launch of the Eni-led Nguya FLNG unit in December 2025 marking the second phase of the Congo LNG project. With a capacity of 2.4 million ton per annum (MTPA), it complements the 0.6 MTPA Tango vessel, bringing total output capacity to 3 MTPA. The development processes gas from the Nené and Litchendjili fields at the Marine XII license, positioning Congo as Africa’s fifth largest LNG exporter.

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