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Find all the economic and financial information on our Orishas Direct application to download on Play StoreTotalEnergies announced on Tuesday the launch of “Kaminho”, an oil project located 100 km off the Angolan coast, at 1,700 meters of water depth. TotalEnergies owns 40% of the shares alongside its partners Petronas (40%) and Sonangol (20%)
.The French giant highlights the “green” side of the project. According to him, the unit will be “all-electric” and “designed to minimize greenhouse gas emissions and eliminate routine flaring.” The Kaminho project involves the conversion of a tanker into a floating production, storage and unloading unit (FPSO), which will be connected to a subsea well system. Production is expected to start in 2028, with a plateau of 70,000 barrels of oil
per day.
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