Paris, France (AFP) – French energy giant TotalEnergies said on Monday it was withdrawing from two offshore gas fields in South Africa.

The company said the two blocks off the country’s southern coast could “not be turned into a commercial development as it appeared to be too challenging to economically develop and monetise these gas discoveries for the South African market”.

cdu/asl/lth/gil

© Agence France-Presse

Featured image credit: wirestock | Freepik.com

Image: The airgun bundles towed behind the SONNE generate short, strong sound pulses that penetrate the sea floor and are reflected by geological layers. Seismometers on the sea floor record these signals in order to analyze the structure of the subsurface
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