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TotalEnergies' deepwater project in Angola aims for sustainable energy production, bolstering local businesses and achieving net-zero by 2050. (Image source: TotalEnergies)

TotalEnergies has decided to advance new upstream initiatives in Angola, encompassing offshore exploration, infill drilling, and greenfield projects, as detailed by Martin Deffontaines, managing director of TotalEnergies Angola, during the Angola Oil & Gas conference & exhibition

In an on-stage interview with Verner Ayukegba, senior vice-president of the African Energy Chamber, Deffontaines discussed the Kaminho Deepwater Development, a project that secured a US$6bn Final Investment Decision (FID) in May this year. This initiative marks the first major deepwater development in the Kwanza Basin, focusing on the Cameia and Golfinho fields, with a production plateau of 70,000 barrels per day and a target start-up date 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 optimised, 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,” said Deffontaines.

He noted that the Kaminho project features an “ultra-modern design” with an all-electric Floating Production Storage and Offloading (FPSO) unit, aimed at reducing greenhouse gas emissions and eliminating routine flaring, with all associated gas to be reinjected into the reservoirs. This design is in line with TotalEnergies' commitment 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 emphasised.

He also highlighted the involvement of local subcontractors in TotalEnergies' projects and installations. Since 2023, the company has added 77 local entities to its supplier base, helping these companies enhance their technical capabilities to qualify for TotalEnergies’ tenders. Additionally, TotalEnergies has launched an incubator program aimed at supporting 100 young Angolans in starting 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,” Deffontaines explained.