Karoon’s balance sheet is sound. After sitting at a small net cash position at end December 2024, the company moved to a USD 238 million net debt position by end June 2025. This reflects payment of ...

Angola's attempts to stabilise its waning crude oil production received a boost when two offshore projects started up, adding ...

TotalEnergies has announced the start of production from the BEGONIA and CLOV Phase 3 offshore Angola projects, which together will add a total of 60,000 bpd of new production. The two subsea tie-back ...