What's Happening?
TotalEnergies is advancing a series of upstream and LNG projects across Africa, aiming to position the region as a key driver of production growth through 2026 and beyond. The company's African portfolio, which accounts for about half of its operated
production, is its largest area of exploration spending. In the Republic of Congo, TotalEnergies has committed $500 million in 2025 to drill additional wells at the Moho Nord field, targeting an incremental output of approximately 40,000 barrels per day. This field already represents about half of the country's oil production. In East Africa, the Tilenga project in Uganda is moving toward first oil, supported by the East African Crude Oil Pipeline, which will transport crude to Tanzania's port of Tanga. Additionally, in Mozambique, TotalEnergies is working to restart its $20-billion LNG project, which is expected to significantly contribute to future output growth.
Why It's Important?
The expansion of TotalEnergies' projects in Africa is significant for several reasons. Firstly, it underscores Africa's growing importance in the global energy landscape, particularly as a source of oil and gas. The projects are expected to enhance energy security and economic development in the region by unlocking substantial oil and gas resources. For TotalEnergies, these developments are crucial for maintaining its competitive edge and achieving its production growth targets. The focus on gas monetization and emissions reduction initiatives, such as zero routine flaring, aligns with global sustainability goals and positions the company as a leader in responsible energy production. The projects also have the potential to create jobs and stimulate local economies, contributing to broader socio-economic benefits.
What's Next?
TotalEnergies plans to continue its exploration and development activities in Africa, with several projects moving into execution phases. In Namibia, the company is targeting a final investment decision on the Venus discovery in the Orange basin by late 2026. In South Africa, preparations are underway to drill Block 3B/4B, pending final approvals. These activities indicate a sustained commitment to expanding its African operations. The company's strategy includes prioritizing gas monetization and emissions reduction, which may influence future regulatory and investment decisions in the region. Stakeholders, including local governments and communities, are likely to monitor these developments closely, given their potential economic and environmental impacts.
