TotalEnergies is making significant investments in Africa's energy sector, with a focus on oil, gas, electricity, and renewables. According to Mike Sangster, Senior Vice President for Africa, the company is committed to the continent's long-term energy future. With projects in Mozambique, Namibia, Uganda, Angola, and Nigeria, TotalEnergies is placing major bets on Africa's energy potential. Sangster emphasizes that Africa is not just a chapter in TotalEnergies' story, but central to it.
Mozambique LNG is one of TotalEnergies' most significant projects in Africa, with approximately 65 Tcf of recoverable gas resources. The project has the potential to more than double its initial 13 Mtpa capacity, making it one of the largest LNG developments in the world. After several challenging years, project activities have restarted, with the first LNG cargoes expected in 2029. The project is expected to generate approximately $35 billion in government revenues for Mozambique over its lifetime.
TotalEnergies' investments in Africa are not limited to Mozambique. In Namibia, the company is exploring the Orange Basin, which is emerging as a major new frontier. In Uganda, the company is approaching first oil, while in Angola and Nigeria, established operations remain important anchors for TotalEnergies' African portfolio. Sangster highlights the diversity of TotalEnergies' African portfolio, which includes major LNG, oil, and power projects across Eastern, Southern, and Western Africa.
Local content and community development are increasingly central to TotalEnergies' approach to major projects in Africa. The company is committed to creating jobs, skills, and opportunities for a new generation of energy professionals. In Mozambique, for example, the LNG project has generated over 8,000 non-project-related jobs and trained more than 4,000 local workers. Sangster emphasizes that the significance of TotalEnergies' investments in Africa must ultimately be measured by more than just barrels, cargoes, and revenues.
Despite financing constraints and regulatory uncertainty, Sangster believes that Africa has the resources, talent, and institutional foundations to shape its own energy future. He notes that the continent is becoming more assertive in defining its own energy priorities. TotalEnergies is committed to working with African governments and local communities to create value and contribute to the continent's energy future.
TotalEnergies' long-term vision for Africa is to create a diversified, resilient, and future-proof portfolio that delivers more energy with less emissions. Sangster highlights the company's commitment to the energy transition and its focus on sustainable development. With a century of experience operating in Africa, TotalEnergies is well-positioned to play a leading role in shaping the continent's energy future.
As African Energy Week returns to Cape Town for its sixth edition, TotalEnergies is poised to continue making significant investments in Africa's energy sector. With a strong portfolio of projects and partnerships, the company is confident about its trajectory on the continent. Sangster's message is clear: Africa is central to TotalEnergies' story, and the company is committed to creating value and contributing to the continent's energy future for decades to come.
Key points
- TotalEnergies is investing heavily in Africa's energy sector, with a focus on oil, gas, electricity, and renewables.
- Mozambique LNG is one of the company's most significant projects in Africa, with the potential to generate approximately $35 billion in government revenues over its lifetime.
- Local content and community development are increasingly central to TotalEnergies' approach to major projects in Africa.
