TotalEnergies to invest $6bn in oil projects, gas production in coming years

TotalEnergies has disclosed plans to invest the sum of $6 billion in the coming years on offshore oil projects and gas production across all terrains.

This is coming amid the exit of several multinationals from the country in recent times.

This development was announced in a statement from President Bola Tinubu’s office shortly after a meeting with Patrick Pouyanne, TotalEnergies Chairman and Chief Executive Officer in Abuja on Monday.