(WO) — TotalEnergies is fast-tracking improvement of its Acacia-5 oil discovery offshore Angola, concentrating on first manufacturing simply three months after the invention whereas increasing its exploration portfolio with two new operated blocks.
Acacia-5 was found in June 2026 on Block 17, the place TotalEnergies holds a 38% operated curiosity. The invention might be developed utilizing accessible capability on the present Pazflor FPSO and is predicted so as to add roughly 6,000 bpd to Block 17 manufacturing.
The discover marks TotalEnergies’ second exploration success in Angola this yr, following a latest discovery on Block 0 within the Decrease Congo basin. TotalEnergies holds a ten% curiosity in Block 0, which is operated by Chevron.
TotalEnergies additionally signed agreements with Angola’s Agência Nacional de Petróleo, Gás e Biocombustíveis (ANPG) to accumulate 40% operated pursuits in exploration Blocks 17/25 and 32/21 within the Decrease Congo basin.
Each blocks have current 3D seismic protection and are positioned close to TotalEnergies-operated Blocks 17 and 32, the place six FPSOs are at the moment producing. Their proximity to current infrastructure might enable future discoveries to be developed by means of lower-cost tiebacks to these amenities.
“Exploration is a key pillar of our ambition in Angola, supported by the incentives launched to encourage funding,” mentioned Patrick Pouyanné, chairman and CEO of TotalEnergies. “Along with our companions, we goal to discover additional and unlock new assets.”
TotalEnergies additionally signed a heads of settlement in February with ANPG and ExxonMobil to accumulate a 35% curiosity in exploration Blocks 40, 41, 42 and 58 in Angola’s Benguela basin.
TotalEnergies operates Block 17 with a 38% curiosity alongside Equinor, ExxonMobil, Azule Power and Sonangol E&P. Within the newly acquired Blocks 17/25 and 32/21, TotalEnergies will maintain 40%, with ExxonMobil holding 40% and Sonangol E&P 20%.
