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TotalEnergies plans $10bn Angola investment with partners over five years, CEO says
French oil major TotalEnergies will invest $10-billion with partners in Angola over the next five years to bolster production across various projects, Chief Executive Patrick Pouyanne said at an oil conference in Luanda on Wednesday. Angola, Sub-Saharan Africa's second-biggest crude oil producer after Nigeria, has undertaken a major regulatory overhaul to encourage exploration investment as it looks to maintain production levels amid mature offshore fields.
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africa.businessinsider.com
TotalEnergies and partners plan $10 billion Angola investment to protect 450,000-barrel daily output
TotalEnergies and its partners plan to invest $10 billion in Angola over five years to protect production and develop new offshore oil projects
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French oil giant finds new oil in Angola, secures stakes in 2 new exploration blocks
TotalEnergies has made a significant oil discovery in Angolas Block 17, named Acacia-5, set to boost production by 6,000 barrels per day starting just three months after its June…
