September 09, 2026 [CNBC Africa]- TotalEnergies will invest $10 billion with partners in Angola over the next five years to support oil production, according to CEO Patrick Pouyanne. The company currently produces about 450,000 bpd in Angola and aims to maintain this level. TotalEnergies is also developing the $6 billion Kaminho offshore project, with production expected to start in 2028. The company has signed two new exploration licences for offshore Blocks 17 and 32 with ExxonMobil and plans to apply AI-based geoscience technology to support exploration in Angola’s offshore basins.

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