TotalEnergies to invest heavily in international energy exploration

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French oil and gas giant, TotalEnergies, is upping its global exploration game, investing around $1 billion a year.

Som en del av innsatsen bruker selskapet penger på å finne og produsere energi i Afrika på viktige steder som offshore Namibia og Uganda som ligger utenfor land.

Senior Vice President for the company’s business in Africa, Mike Sangster, commented that TotalEnergies’ success relied on money and trust, but also long-term commitment and strong partnerships.

Nylige funn i offshore Namibia har posisjonert den sørvestafrikanske nasjonen som et hotspot for gass og olje. På Namibia International Energy Conference i hovedstaden uttalte Sangster at selskaper, lokalsamfunn og myndigheter måtte samarbeide hvis prosjekter skulle lykkes.

He said that major energy projects required trust between partners and take time, and commented that open communication had benefited TotalEnergies, helping it expand its operations in Namibia that launched in 2017. He added that the company viewed Africa as a key element of its future.

Sangster cited Namibia, where TotalEnergies is involved in the Venus offshore oil discovery, which has the potential to see the country become a prominent oil producer, and Uganda, where the company has large oil development projects ongoing.

Beyond its global exploration efforts to find fresh energy sources, TotalEnergies also supplies cutting-edge greases, fluids and oil via its Total Lubricants brand. Serving a comprehensive list of sectors, the line includes mould release oil, metalworking fluid, gas engine oil, refrigeration compressor oil, extreme pressure (EP) grease, spindle oil and varmeoverføringsvæske (HTF).

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