TotalEnergies Extends Production Sharing Contract for Block 17 Offshore Angola
TotalEnergies and its partners have recently signed an extension of the production sharing contract (PSC) for Block 17 offshore Angola. This block is known for being one of the most productive offshore oil exploration areas in the country and was among the first deep-offshore blocks to be licensed in Angola.
The license for Block 17 is operated by TotalEnergies in collaboration with Equinor, ExxonMobil, Azule Energy (a joint venture between Eni and BP), and Sonangol. This partnership solidifies the strategic presence of these companies in the region and emphasizes their commitment to operational excellence, sustainable development, and value creation.
Block 17, also referred to as the “golden block,” is situated 150 kilometers off the Angolan coast in water depths ranging from 600 to 1,400 meters. The block produces oil through floating production, storage, and offloading (FPSO) units, including Girassol, Dalia, Pazflor, and CLOV.
Richard Migeon, TotalEnergies’ Business Strategy Director, announced in a social media post that the extension of the PSC will allow the lifespan of FPSO Dalia to be extended until 2045. This extension will also lead to the drilling of additional oil producers, resulting in approximately 300 million barrels of incremental oil production for TotalEnergies.
Two years ago, TechnipFMC was commissioned to work on the Girassol life extension project (GIR LIFEX). Girassol was the first field in Block 17 to commence production back in December 2001.
Recently, Azule Energy welcomed another FPSO, FPSO Agogo, to Angola. Operated by Yinson Production, this unit is scheduled to operate in Block 15/06, further enhancing oil production capabilities in the region.