Share Name Share Symbol Market Type
TotalEnergies SE EU:TTE Euronext Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -1.04 -1.77% 57.72 57.50 57.78 58.01 56.90 57.59 7,256,100 16:40:00

TotalEnergies Starts Three Projects in Angola

28/07/2022 3:05pm

Dow Jones News

TotalEnergies (EU:TTE)
Historical Stock Chart

From Jun 2022 to Dec 2022

Click Here for more TotalEnergies Charts.

By Giulia Petroni


TotalEnergies SE on Thursday said that it has started one oil and one gas field developments as well as a photovoltaic project in Angola.

The French major said the Begonia oil field, located 150 kilometers off the coast, is the first development of block 17/06 and represents an investment of $850 million. Commissioning is expected in late 2024.

The company also made a final investment decision for the Quiluma and Maboqueiro gas fields developments, which are set to supply liquefied natural gas to the country. Production is set to start in mid-2026. TotalEnergies holds a 11.8% interest in the project, alongside Eni SpA, Chevron Corp., Sonangol P&P and BP PLC.

In addition, TotalEnergies was also awarded the concession for the construction of the Quilemba photovoltaic plant by the Angolan authorities.

The plant will have an initial capacity of 35 megawatts peak and the possibility of adding 45 MWp in a second phase. It should come on stream at the end of next year.

TotalEnergies holds an 51% interest in Quilemba solar, alongside Sonangol EP and Greentech Angola Environment Technology.


Write to Giulia Petroni at


(END) Dow Jones Newswires

July 28, 2022 09:50 ET (13:50 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.

1 Year TotalEnergies Chart

1 Year TotalEnergies Chart

1 Month TotalEnergies Chart

1 Month TotalEnergies Chart
Your Recent History
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

Log in to ADVFN
Register Now

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V:gb D:20221206 21:46:06