Angola project thwarts upstream decline
Kaminho deepwater FID raises hopes of reigniting much-needed further investment in ailing sector
A TotalEnergies-led consortium has taken FID on the deepwater Kaminho project offshore Angola, in an encouraging signal for the southern African nation’s diminished upstream. But Kaminho alone will not be enough to rebuild Angola’s output. Production is expected to start in 2028 and reach a plateau of 70,000b/d, TotalEnergies said in a statement. Kaminho comprises the Cameia and Golfinho fields and is located in Block 20/11, which is 100km off the Angolan coast at a water depth of 1,700m. The project will be the first development in the Kwanza Basin. The Kaminho consortium comprises TotalEnergies (40%), Malaysia’s Petronas (40%) and Angolan NOC Sonangol (20%). Sonangol and Totalenergies will
Also in this section
24 December 2025
As activity in the US Gulf has stagnated at a lower level, the government is taking steps to encourage fresh exploration and bolster field development work
23 December 2025
The new government has brought stability and security to the country, with the door now open to international investment
23 December 2025
A third wave of LNG supply is coming, and with it a likely oversupply of the fuel by 2028
22 December 2025
Weakening climate resolve in the developed world and rapidly growing demand in developing countries means peak oil is still a long way away






