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TotalEnergies flags new oil discovery, enters two exploration blocks in Angola
French oil major TotalEnergies on Thursday announced a new oil discovery in Angola and signed agreements to buy a 40% operated interest in two new exploration blocks in the country. The new Acacia-5 discovery will increase production at the company's Block 17 by 6 000 barrels per day, TotalEnergies said in a statement. It expects the fast-track development to reach first oil within three months after the discovery was made in June 2026.
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africa.businessinsider.com
ExxonMobil makes 20th oil discovery in Angola block that has produced 2.7 billion barrels
ExxonMobil has discovered more oil in Angola’s Block 15, which has produced over 2
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TotalEnergies and partners plan $10 billion Angola investment to protect 450,000-barrel daily output
TotalEnergies and its partners plan to invest $10 billion in Angola over five years to protect production and develop new offshore oil projects
