# TotalEnergies EP Congo reported a hydrocarbon discovery on the Moho license offshore the Republic of the Congo.

*business · news · 2026-04-13 · Benzinga*

## Key points

- TotalEnergies discovered nearly 100 million barrels of recoverable hydrocarbons offshore Congo at Moho G.
- The new reserves will be developed via a tie-back to existing Moho infrastructure for faster production.
- TotalEnergies and Masdar formed a $2.2 billion joint venture for 9 GW of renewables across Asia.
- TotalEnergies' next earnings update is confirmed for April 29, 2026, with EPS estimated at $2.01.
- TTE stock is trading near key resistance at $93.50 and has an RSI of 68.22, nearing overbought.

**Companies:** TotalEnergies, Abu Dhabi Future Energy Company PJSC, Trident Energy, Société Nationale des Pétroles du Congo
**Countries:** Republic of the Congo, France, United Arab Emirates

[Read the full story on Benzinga](https://www.benzinga.com/markets/large-cap/26/04/51775935/whats-going-on-with-totalenergies-stock-monday)

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