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TotalEnergies Starts Production at 2 Offshore Angola Projects
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TotalEnergies Starts Production at 2 Offshore Angola Projects
Jul 23, 2025 9:23 AM

12:13 PM EDT, 07/23/2025 (MT Newswires) -- TotalEnergies (TTE) said Wednesday it has started production at the Begonia and Clov phase 3 offshore projects in Angola.

The two projects are expected to add 60,000 barrels of crude oil production per day, the oil and gas company said.

TotalEnergies said it operates both blocks with stakes of 30% in Begonia and 38% in Clov Phase 3.

Shares of TotalEnergies were up 1.3% in recent Wednesday trading.

Price: 62.72, Change: +0.79, Percent Change: +1.28

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