Total and Sonangol have reached an agreement for the second phase of development of the offshore Zinia field, paving the way for a final investment decision for the project.
 |
| Pazflor FPSO. Photo from Sofec. |
Located on Block 17, Zinia 2 will be connected to the Pazflor floating production storage and offloading (FPSO) facility and will produce 40,000 b/d. Four FPSOs are located on major production areas of Block 17: Girassol, Dalia, Pazflor and CLOV. Total operates Block 17 with 40% interest. Partners include Statoil (23.33%), Esso Exploration Angola Block 17 (20%), and BP Exploration Angola (16.67%).
The French oil and major and Angola’s national oil company also will jointly explore offshore Block 48, with plans to drill one exploration during the two-year first phase of the program, Total reported today (4 December).
The two agreements -- demonstrate Total’s willingness to contribute to Angola’s goal of new oil and gas investment by restarting offshore exploration in the West African country, Total said. The agreements – along with agreements on extended cooperation between Total and Sonangol on oil product distribution and renewable energy – came out of discussions held between Patrick Pouyanne, chairman and CEO of Total,; João Lourenço, Angola’s recently elected president; and Sonangol ‘s new chairman, Carlos Saturnino.
Total also said it is “making all necessary efforts” to ensure start-up during summer 2018 of the Kaombo project on Block 32. Total is operator of Kaombo with 30% interest.
In 2016, the company produced 243,000 boe/d from Angola’s Blocks 17, 14, 0 and Angola LNG.
The second phase of Zinia ranks among the projects expected to yield contract work for TechnipFMC as the subsea market recovers.
Read more:
TechnipFMC: Major projects on the horizon, deepwater looms large
Subscribe
