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Total and partners launch $16B ultra-deep Kaombo project offshore Angola

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Total and its joint venture partners have made the final investment decision to develop the ultra-deep offshore Kaombo project in Angola. The six fields (Gengibre, Gindungo, Caril, Canela, Mostarda and Louro) cover an area of 800 km 2 in the central and southeast part of the block. This saves costs on the flowlines.

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Opinion: Is Russia Plotting To Bring Down OPEC?

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The transition in Europe to hybrid natural gas pricing models (which take European spot hub prices into account) also has pressured natural gas pricing. It would also force foreign suppliers to seek other markets for all or part of the exports they previously sent to the U.S. Natural gas data from Gazprom). billion respectively).

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