PARIS, March 15 French oil major Total
has started up production from the Moho Nord site off the coast
of the Republic of Congo, with the facility set to have a
production capacity of 100,000 barrels of oil equivalent per
"Moho Nord is the biggest oil development to date in the
Republic of the Congo," Arnaud Breuillac, president of
exploration and production at Total, said in a statement on
"Moho Nord will contribute to the reinforcement of the cash
flow of the group and to its production growth," he added.
Total has a 53 percent stake in the site. Chevron Overseas
(Congo) Ltd has a 31.5 percent stake while Societe Nationale des
Petroles du Congo owns a 15 percent stake.
Last month, Total reported some of the biggest profits for
2016 in the oil industry and raised its dividend.
(Reporting by Sudip Kar-Gupta; Editing by Matthias Blamont)