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Angola marks 50 years of independence with major oil investments, boosting production and economy.
Angola, celebrating 50 years of independence, sees significant investments in its oil and gas sector.
Etu Energias, a local company, plans to boost production to 80,000 barrels daily over five years.
Azule Energy, a joint venture between Eni and BP, will invest $5 billion to maintain Angola's output above one million barrels daily.
Eni also advances a new floating LNG project in Mozambique.
TotalEnergies, active in Angola for over 50 years, is enhancing production and moving into renewable energy with a new solar plant.
These moves aim to sustain oil production and support economic growth.
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Angola celebra 50 años de independencia con grandes inversiones en petróleo, impulsando la producción y la economía.