Corporate Strategy

Total to Ramp Up Short-Cycle Projects in Africa

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  • As others lean on shale to deliver near-term volumes, TotalEnergies is deploying its additional upstream capital to short-cycle projects in Angola and Nigeria.
  • Angola's Block 17 stands to benefit the most under the capital push, which is largely aimed at offsetting declining production from the region.
  • Some portfolio pruning and project delays will continue across Total’s West Africa positions, but Angola and Nigeria remain core to its medium-term oil and gas strategy.

The Issue

Offshore Oil and Gas, Capital Spending, Corporate Strategy , Majors, Exploration, Upstream Projects, Conventional Oil and Gas
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