TotalEnergies advances Angola deepwater growth strategy

(WO) — TotalEnergies is advancing a multi-pronged offshore growth strategy in Angola, combining deepwater project development, brownfield optimization and frontier exploration as the company expands its long-term position in the country. 

The company’s Angola country manager, Martin Deffontaines, is scheduled to speak at the Angola Oil & Gas (AOG) Conference & Exhibition in September as Angola continues pursuing efforts to sustain national crude production above 1 MMbopd.

Among TotalEnergies’ recent developments is the Kaminho deepwater project in the Kwanza Basin, where the company reached final investment decision in 2024. The approximately $6-billion project is expected to produce around 70,000 bopd through an FPSO designed with lower-emission technologies, with startup targeted in 2028.

The company also recently signed a principles agreement with Angola’s National Oil, Gas & Biofuels Agency to extend the Block 32 license through 2043. The block includes the Kaombo development and six producing fields offshore Angola.

In March, TotalEnergies signed an agreement with ExxonMobil and ANPG covering four offshore blocks in the Benguela and Namibe basins — Blocks 40, 41, 42 and 58 — supporting additional frontier exploration activity offshore Angola.

The company is also participating in studies evaluating additional opportunities in the free areas of Blocks 17/06 and 32/21, two mature producing offshore areas.

TotalEnergies expanded its Angolan production portfolio in 2025 through startup of the Begonia and CLOV Phase 3 offshore developments, which together added approximately 60,000 bopd.

The company said the projects reflect its broader strategy of balancing new exploration opportunities with redevelopment and optimization of existing offshore infrastructure in Angola’s deepwater sector.

Source: APO Group