Oil & Gas

TotalEnergies Mike Sangster to headline Invest in African Energy Forum in Paris

Mike Sangster, Senior Vice President for Africa at TotalEnergies, will deliver a keynote address at the Invest in African Energy (IAE) Forum in Paris this May. The highly anticipated event will provide a platform for industry leaders, investors, and policymakers to engage in discussions on Africaโ€™s evolving energy landscape. Sangster is also set to participate in an exclusive fireside chat, where he will share insights into TotalEnergiesโ€™ strategic vision, ongoing projects, and the critical role of oil and gas in Africaโ€™s energy mix.

TotalEnergies continues to drive oil and gas development across Africa, with a strong presence in both emerging and mature markets. The company is making significant strides in Namibia with its Venus-1 discovery, targeting first oil production by the decadeโ€™s end. A Final Investment Decision (FID) is expected by early 2026, paving the way for a development that could yield 1,50,000 barrels per day. Furthermore, TotalEnergies is actively exploring the Orange Basin, having recently drilled the Marula-1X and Tabmoti-1X wells.

In the Republic of Congo, the company is investing $600 million to expand deepwater production at the Moho Nord field. Meanwhile, in Libya, it is set to complete an onshore exploration project and initiate new drilling campaigns in the Waha and Sharara fields in 2025. These investments underscore TotalEnergiesโ€™ commitment to strengthening Africaโ€™s oil and gas sector.

TotalEnergies is also expanding its gas processing and midstream infrastructure, reinforcing its role in Africaโ€™s energy landscape. The company is progressing with the Mozambique LNG project, a $20 billion initiative poised to secure renewed financial support from export credit agencies. In Uganda, TotalEnergies is preparing for first oil from its Tilenga field in 2025. The crude will be transported via the East African Crude Oil Pipeline (EACOP), which will become the worldโ€™s longest heated crude oil pipeline, enhancing East Africaโ€™s ability to monetize its hydrocarbon resources.

In line with its broader energy transition strategy, TotalEnergies is making substantial investments in renewables across Africa. The company is developing a 500 MW Sadada solar project in Libya and recently acquired Scatecโ€™s hydropower portfolio, including the 250 MW Bujagali Hydropower Plant in Uganda, with additional assets in Malawi, Rwanda, and the Democratic Republic of Congo.

South Africa is another focal point, where TotalEnergies is constructing a 216 MW solar plant with battery storage, a 140 MW wind farm, and a 120 MW solar facility to supply green electricity to Sasolโ€™s industrial operations. In Morocco, the company is developing the Chbika project, a 1 GW wind and solar farm aimed at producing 2,00,000 metric tons of green ammonia annually for export to Europe. These initiatives reflect TotalEnergiesโ€™ commitment to integrating renewables into its portfolio while supporting Africaโ€™s energy transition.

The Invest in African Energy (IAE) Forum, scheduled for May 13-14, 2025, in Paris, is set to be a key gathering for industry leaders shaping the future of Africaโ€™s energy sector. The event will convene global investors, government leaders, and project developers for two days of high-level discussions on investment opportunities, emerging trends, and strategic partnerships in the African energy market.

Sangsterโ€™s participation at IAE 2025 comes at a crucial time as stakeholders navigate the rapidly shifting global energy landscape. His address and fireside chat are expected to provide valuable perspectives on the role of private investment in African energy, unlocking new upstream opportunities, and how TotalEnergies is adapting to the continentโ€™s long-term energy needs.

As Africa continues to attract significant investments in both fossil fuels and renewable energy, IAE 2025 will serve as a vital platform for decision-makers to explore opportunities, address challenges, and shape policies that will define the continentโ€™s energy future.

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