INSUBCONTINENT EXCLUSIVE:
delegation includes key figures from the energy industry
Oil and Gas Institute, is also part of the group
commitment to the continent
(Photo Internet reproduction)This offshore block operated by TotalEnergies has significant potential
The company is eyeing a 40% stake in the Mopane oil and gas exploration block.This block gained attention after a major discovery in January
Estimated recoverable reserves stand at an impressive 10 billion barrels.Petrobras Expands African VenturesPetrobras is not limiting its
African ventures to these two countries
marking a strategic partnership for Petrobras
five years for exploration outside Brazil
The geological similarities between African and South American coasts give the company an edge.Its expertise in similar formations could
prove valuable in new African ventures
Additionally, partnering with global oil firms like Exxon, Shell, and TotalEnergies opens doors for Petrobras.However, Petrobras faces
challenges in its African endeavors
Regulatory approvals in each country are crucial for successful operations.Political and economic stability in new markets also pose
Environmental concerns and competition from established players add to the complexities
underscores its commitment to the continent
