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TotalEnergies Plans $10 Billion in Angola Oil Investments

Source: Bloomberg

Energy Markets & PricesCommodities & Raw MaterialsInfrastructure & DefenseCompany Fundamentals

TotalEnergies and its partners plan to invest $10 billion in Angola’s oil sector over the next five years to sustain national crude production. The investment supports long-term upstream capacity and is positive for TotalEnergies’ Angola operations and the country’s oil-sector infrastructure.

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