TotalEnergies is calling it quits at multiple offshore blocks in South Africa with QatarEnergy joining exodus from two huge gas discoveries

TotalEnergies EP South Africa, a subsidiary of France’s energy giant TotalEnergies, has made up its mind to pull out of several blocks off the coast of South Africa after its partner in one of these blocks decided to do the same. QatarEnergy, Qatar’s state-owned energy heavyweight, has jumped on the bandwagon heading for the exit from one of the blocks containing two large undeveloped gas discoveries.