TotalEnergies Announces New Oil Discovery in Angola’s Block 17
TotalEnergies has announced the discovery of oil at Acacia-5 in offshore Block 17, Angola. The company plans to bring this new field into production within three months using spare capacity on the Pazflor FPSO facility, which is expected to increase output by 6,000 barrels per day (bpd). TotalEnergies operates Block 17 with a 38% stake alongside partners Equinor, ExxonMobil, Azule Energy, and Sonangol E&P. This marks the company's second exploration success in Angola this year following an earlier discovery in Block 0. In addition to Acacia-5, TotalEnergies has secured agreements for a 40% operated interest in Blocks 17/25 and 32/21 near its existing production hubs. The new blocks have extensive seismic data and multiple geological prospects. TotalEnergies also signed an agreement with ANPG to farm into four additional exploration blocks (Blocks 40, 41, 42, and 58) in the Benguela Basin earlier this year. TotalEnergies has been operating in Angola since 1953 and produced approximately 156,000 barrels of oil equivalent per day in 2025.
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Topics: Angola Block 17 FPSO development oil discovery TotalEnergies