The Kaombo Norte FPSO offshore Angola
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
28 April 2026
Oil traders warning of $200/bl oil are wrong, and the market should be wary of proclamations that the impact of the oil shortage has only begun to be felt and a that a ‘harsh adjustment’ is coming—even for industrialised nations
28 April 2026
Restoring supply from Saudi Arabia, the UAE, Kuwait, Qatar, Bahrain and Iraq involves complexities far beyond simply adjusting operational controls
28 April 2026
Datacentres will guzzle power at a ferocious rate, but the impact on wider energy markets will be far more complex than previously thought
28 April 2026
The key energy player faces balancing regional routes, political complexities, and creating a clear strategic vision for energy security
