TotalEnergies’ FID In Angola Adds To Growth But Long-Term Output Still In Doubt
Oil & Gas / Angola / Tue 04 Jun, 2024
Key View
- TotalEnergies' FID on the Kaminho Project reaffirms Angola's appeal as an attractive destination for upstream investment.
- The long-term outlook remains dour due to the natural decline at existing fields and the limited exploration success necessary to drive the next wave of offshore developments.
- Additional greenfield oil developments are