TOTAL'S INVESTMENT TO ANGOLA: $16 BLN
THE LOCAL FRANCE - Angola and French oil giant Total formally launched a major new offshore oil project Saturday to aid the country's economy that plunged into crisis following oil price dips in 2014.
Project Kaombo, located in the Atlantic ocean 250 kilometres (155 miles) from the capital Luanda, is Angola's most significant offshore venture and cost $16 billion.
Two boats, each more than 300 metres (985 feet) long, will pump crude from six subsea fields spread over an area of…
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