TotalEnergies (TTE) Secures New Exploration Permit off Congo Coast

TotalEnergies SE (NYSE:TTE) is one of the best dividend stocks to buy. On September 1, the company disclosed in a press release that it has received the Nzombo exploration permit in the Republic of the Congo. Located 100 km off Pointe-Noire and close to TotalEnergies’ Moho production sites, the 1,000 km² permit will be 50% operated by TotalEnergies, while QatarEnergy and SNPC hold 35% and 15%, respectively. Drilling for one exploration well is set to start before the end of 2025, according to the work pro ...