The company announced the milestone together with Angola’s National Oil, Gas and Biofuels Agency (<a href=’https://theenergyyear.com/companies-institutions/anpg/’>ANPG) on Friday.
The seven-well Phase 2 project, located in Block 17, is tied back to the CLOV FPSO. Works commenced in 2018, with resources estimated at 55 million boe.
TotalEnergies noted the project was executed within the planned schedule and budget despite the pandemic.
“This project fits within the company’s strategy to focus its upstream investments on low-cost projects which contribute to lower the average GHG emissions intensity of its production”, said Henri-Max Ndong-Nzue, the company’s senior Vice-president for Africa, exploration and production.
Block 17 is operated by TotalEnergies with a 38% stake, alongside Equinor (22.16%), ExxonMobil (19%), BP Exploration Angola (15.84%) and <a href=’https://theenergyyear.com/companies-institutions/sonangol/’>Sonangol P&P (5%).
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