Shutterstock TotalEnergies has sanctioned the long-awaited $10 billion Lake Albert oil project in Uganda, underpinning its desire to be a dominant energy player in sub-Saharan Africa.The French major argues the project's per-boe costs and lower-carbon intensity make it a viable and competitive development, despite intense scrutiny and opposition.Project financing risks remain, however, while security risks loom as potential longer-term disruptors. Save for later Print Download Share LinkedIn Twitter The Issue
