$6 Billion Deepwater Project Sustainability Initiatives…expansion to be Inducted to Angola

By Abdul Rahman Bangura-

Luanda, Angola
Photo Credit: Africa Business Communities

NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone- TotalEnergies is navigating a fresh upstream programs in Angola – from offshore exploration to infill drilling to greenfield projects – as enlisted by Martin Deffontaines – Managing Director of TotalEnergies Angola during the Angola Oil & Gas conference and exhibition.

Senior Vice President of the African Energy Chamber – Deffontaines expressed the firm’s Kaminho Deepwater Development, which secured a $6-billion FID in May this year. The project exemplifies the primary large deepwater development in the Kwanza Basin and gears to bolster the Cameia and Golfinho fields, with a production plateau of 70,000 barrels per day and target start-up of 2028.

“It has been a collective effort by the technical teams and partners – Sonangol, Petronas and the ANPG. Once the design was established and optimized, we had to make it commercial. Thanks to the contractual terms we got from the ANPG, it became a project and was validated in May. It’s a game changer for Angola and for TotalEnergies.”

According to Deffontaines, the Kaminho project employs an “ultra modern design” with an all-electric FPSO – designed to minimize greenhouse gas emissions and curtail routine flaring, with all associated gas to be fully re-introduced into the reservoirs – and correlates with TotalEnergies’ venture to sustainability and low carbon energy production.

“The world is changing and we have to adapt. We are committed to net-zero by 2050 as a company. We are closing flaring at all our FPSOs, of which we currently operate six in Angola. We will close the Dalia FPSO flare, which will save around 50,000 KT of carbon emissions per year. It’s a permanent effort we are making.”

Deffontaines same, underscored the role of local subcontractors in TotalEnergies’ projects and installations. Since 2023, the operator has
added 77 local entities to its supplier base and aided local companies to strengthen their technical qualifications to tally with TotalEnergies’ call for tenders. In addition, TotalEnergies currently inducted an incubator program to assist 100 young Angolans set up their businesses.

“We have received 3,000 candidate projects, with very good ideas coming from agriculture, digital, tourism, fashion and so forth. We are
committed to selecting 100 projects and providing support, which can be access to project financing or different competencies to create their business.”

For New Africa Business News (NABN) Abdul Rahman Bangura Reports, Africa Correspondent