Total: investment decisions in Angola

(CercleFinance.com) - Total has announced the inauguration of the Kaombo project, which began production last July, as well as the continuation of its development program in Angola, with two deep offshore investment decisions after the launch of the Zinia 2 project last May.


This is the CLOV Phase 2 project, which is scheduled to start in 2020 with a production plateau of 40,000 barrels of oil per day, and the Dalia Phase 3 project, which is scheduled to start in 2021 with a production plateau of 30,000 barrels of oil per day.

Zinia 2, CLOV 2 and Dalia 3 will develop nearly 150 million barrels of additional resources, maintain the production plateau of Block 17 above 400,000 barrels of oil per day until 2023 and extend the profitability of this block.



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