Total left Guyana to focus on NamibiaTotal has some big spends ahead, as a broker used to tell me about the market...can't have a hand up every skirt TotalEnergies invested 16.8 billion dollars in 2023, including 35% for low-carbon energy mainly in power. In 2024, we plan to invest between $17 and $18 billion, including a further $5 billion for Integrated Power.
We are maintaining an annual capital expenditure target of 14-18 billion dollars over the next 5 years. Spending on low-carbon energy will represent 1/3 of our investments, more than new Oil & Gas projects (approximately 30%).