TotalEnergies: FID for the Kaminho project in Angola

(CercleFinance.com) - On the occasion of a meeting between its CEO Patrick Pouyanné and Angolan President João Lourenço, TotalEnergies announced the final investment decision (FID) for the Kaminho deepwater project, enabling it to be launched.


This project by TotalEnergies (40%) and its Block 20/11 partners, Petronas (40%) and Sonangol (20%), is designed to develop the Cameia and Golfinho fields, located 100 km off the Angolan coast, in water depths of 1,700 m.

Involving 10 million man-hours in Angola, this is the first major deepwater development in the Kwanza basin. Production is scheduled to start in 2028, with a plateau of 70,000 barrels of oil per day.

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