Total starts production from Angola’s Zinia Phase 2
LUANDA, May 6, 2021 – Total has launched production at its Zinia Phase 2 development offshore Angola, the company said on Thursday.
Production at the project – located in Block 17 and connected to the Pazflor FPSO – is set to reach 40,000 bopd by 2022.
Zinia Phase 2 will eventually see the drilling of nine wells in water depths of 600-1,200 metres. Its resources are estimated at 65 million barrels of oil. Total operates the block with a 38% stake, working with partners Equinor (22.16%), ExxonMobil (19%), BP (15.84%) and Sonangol (5%)
The project was completed with a capex 10% below budget, which was estimated at USD 1.2 billion in the FID. It was also finished on schedule, and with two-thirds of its 3 million man hours performed in Angola.
“The successful start-up of this project, despite the challenges that have arisen as a result of the pandemic, demonstrates Total’s commitment to ensure a sustainable output on Block 17, for which the production licence was recently extended until 2045,” Nicolas Terraz, Total’s president for Africa exploration and production, said.
“Zinia Phase 2 project reflects the quality of short cycle projects in Angola with high return on investment.”