TotalEnergies invests US$3 billion in power initiatives in Angola

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French oil firm TotalEnergies plans to take a position US$3 billion in initiatives linked to renewable power, specifically photo voltaic parks and oil exploration in Angola, stories the Jornal de Angola newspaper.

The announcement was made by the director normal of the French multinational, Patrick Pouyanné, on the finish of an viewers with Angolan President João Lourenço, on Tuesday, November 1.

“We now have made accessible this yr US$3 billion that might be invested in particular oil initiatives within the Kwanza River Basin, such because the Begonia exploration undertaking and others to broaden Block 17,” Pouyanné stated, cited by the . . .

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