TotalEnergies Signed a New Production Sharing Contract with Sonatrach in the Berkine Basin

PARIS, July 19, 2022–(BUSINESS WIRE)–Regulatory News:

TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) signed today with Sonatrach, Occidental and Eni an extension of its Production Sharing Contract for a period of 25 years for onshore Blocks 404a and 208 in the Berkine basin, in Eastern Algeria.

This contract, signed under the new Algerian Hydrocarbon Law published in 2019, will allow to develop additional liquids hydrocarbon resources, while…