(Source: Shutterstock)
TotalEnergies along with partners, Petronas and Sonangol, announced May 21 the final investment decision (FID) on the Kaminho project offshore Angola.
The Kaminho project, which is the first large deepwater development in the Kwanza basin, will develop the Cameia and Golfinho fields in Block 20/11. The project is located approximately 62 miles off the coast of Angola, in approximately 5,500 ft of water.
The development will convert a very large crude carrier into an FPSO unit connected to a subsea production network. The FPSO is all-electric and associated gas will be fully reinjected into the reservoirs. Production is expected in 2028, with a plateau of 70,000 bbl/d of oil.
TotalEnergies operates Block 20/11 with a 40% ownership stake. Petronas holds 40% ownership and Sonangol holds 20%.
TotalEnergies and Sonangol EP also signed a memorandum of understanding to share decarbonization research and technology, with a “strong focus” on emissions reduction and renewable energies, TotalEnergies said.
TotalEnergies will support the startup and operation of Sonangol’s new Sumbe R&D center which focuses on reservoir geology, process electrification and photovoltaics.
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