(CercleFinance.com) – During a meeting between its CEO Patrick Pouyanné and Angolan President João Lourenço, TotalEnergies announces the final investment decision (FID) of the Kaminho deepwater project, thus allowing its launch .
This project by TotalEnergies (40%) and its partners in block 20/11, Petronas (40%) and Sonangol (20%), is intended to develop the Cameia and Golfinho fields, located 100 km off the Angolan coast. , in 1,700 m water depth.
Involving 10 million man hours in Angola, it is the first major deepwater development in the Kwanza Basin. Production should start in 2028, with a plateau of 70,000 barrels of oil per day.