BFA - Angola Weekly

Dear subscriber [name],

Here is this last week’s Angola Weekly.

Highlights:

A week and a half ago, TotalEnergies, together with Petronas and Sonangol, announced the Final Investment Decision of the Kaminho project for the development of the Cameia and Golfinho fields, in Block 20/11;
The Organization of the Petroleum Exporting Countries and allies (OPEC+) has provisionally decided to extend the current cuts in oil production until the month of September to hold down oil prices;
Net international reserves closed the month of May valued at USD 14.6 Billion, 21 million less than in the previous month.

Best regards,
BFA

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