logo-loader

Total’s Africa chief on Uganda expansion and growing gas production

Published: 19:56 25 Jun 2015 AEST

Abiodun Afolabi, the secretary general of exploration & production for Total’s Africa business says the French oil major is targeting growth in the east of the continent, starting with Uganda.

Total already has a string of long-running African projects such as Egina in Nigeria, Kaombo in Angola and Moho in the Republic of Congo.

These major assets form a big part of its plans to boost production to a target of 2.8mln barrels of oil equivalent per day in 2017.

East Africa is the next area of growth, according to Afolabi, who adds that gas production is increasingly becoming a key part of Total’s business.

Australian Strategic Materials signs US$600 million LoI

Rowena Smith, CEO and managing director of Australian Strategic Materials Ltd (ASX:ASM, OTC:ASMMF), joins Jonathan Jackson in the Proactive studio to discuss the company’ s Dubbo Project, in Central West New South Wales. This project aims to extract and process critical minerals and rare earth...

8 hours, 19 minutes ago