• About Us
  • Contact Us
  • Privacy & Policy
Thursday, June 5, 2025
Umpirenews | Latest News, Politics, Breaking News, Nigeria and African history
Advertisement
  • National
  • Politics
  • Economy
  • Entertainment
  • Sports
  • Editorial
  • Opinion
  • Columns
No Result
View All Result
  • National
  • Politics
  • Economy
  • Entertainment
  • Sports
  • Editorial
  • Opinion
  • Columns
No Result
View All Result
Umpirenews | Latest News, Politics, Breaking News, Nigeria and African history
No Result
View All Result

Oversight of TotalEnergies offshore project in Angola’s oil output to Nigeria

Vincent Amadi by Vincent Amadi
June 1, 2024
in Economy, News
Reading Time: 3 mins read
A A
0
Oversight of TotalEnergies offshore project in Angola’s oil output to Nigeria
Share on FacebookShare on TwitterShare on WhatsappShare on EmailShare on Telegram


By: Amadi Vincent Uzoma

Angola has reached a significant milestone with TotalEnergies and its partners on Block 20/11 making a final investment decision (FID) to develop the Cameia and Golfinho fields, marking the commencement of the $6 billion Kaminho deepwater project in the Kwanza Basin. The African Energy Chamber (AEC) applauds the partners for this achievement and believes that this project will establish a high benchmark for deepwater developments in Angola and beyond.
TotalEnergies is leading the development of Block 20/11 with a 40% stake, alongside Petronas with 40% and Sonangol with 20%. Positioned 100km off the Angolan coast in water depths of 1,700 meters, the project includes a Floating Production, Storage, and Offloading (FPSO) unit capable of processing 70,000 barrels per day (bpd). The FPSO will be linked to a subsea production network, with an estimated involvement of over 10 million man-hours predominantly focused on offshore activities. Production is scheduled to commence by 2028 following the FID.
Angola aims to sustain oil production at 1.1 million bpd by 2027 and then enhance it to two million bpd. The Kaminho project is crucial in meeting these production targets while generating employment opportunities and supporting economic development. Serving as the initial venture in the maritime zone of the Kwanza Basin, the Kaminho project signifies a new chapter in oil exploration and aligns with Angola’s strategy to reinforce its position as a significant player in the African oil and gas sector.


For TotalEnergies, reaching the FID underscores the company’s dedication to developing offshore oil and gas resources in Angola, where it has a longstanding presence of over 70 years. The Kaminho project strengthens this partnership and showcases TotalEnergies’ proficiency in advancing cost-effective, environmentally conscious oil and gas projects in Africa.
On the other hand, the project marks Sonangol’s emergence as a key participant in the Angolan oil and gas upstream market after its transition from a national oil company to an operator. Sonangol’s collaboration with TotalEnergies on the Kaminho project signifies its expertise and strategic role in the development of large-scale oil and gas initiatives.


NJ Ayuk, Executive Chairman of the AEC, commends the efforts of TotalEnergies and the partners on Block 20/11 for their progress towards enhancing oil production in Angola and addressing energy challenges. The AEC acknowledges the significance of the Cameia and Golfinho fields in solidifying Angola’s status as a prominent global producer.
In parallel with the FID announcement, TotalEnergies and Sonangol EP have signed a memorandum of understanding (MoU) to drive decarbonization efforts in the oil and gas industry, laying the groundwork for low-carbon developments in Angola. The collaboration will involve joint research and development activities with a focus on emissions reduction and promoting renewable energy projects. The research teams of TotalEnergies and Sonangol EP will collaborate on establishing and enhancing laboratories, backed by initiatives to boost expertise in geology and electrification.
President João Lourenço and oil minister Diamantino Azevedo’s reforms in Angola have been effective in reducing risks, streamlining processes, and attracting investments. Achieving the FID while participating in decarbonization initiatives highlights TotalEnergies and Sonangol’s commitment to developing environmentally sustainable oil and gas projects in Angola. This approach aligns with Africa’s need to exploit its resources while embracing low-carbon technologies and fostering a just energy transition.

Vincent Amadi

Vincent Amadi

Related Posts

FG will revive cocoa industry – Shettima
Economy

FG will revive cocoa industry – Shettima

2 days ago
Nigerian companys take priority over foreign businesses with “Nigeria First Policy” 
Economy

Tinubu seeks $25 billion Nigeria-Morocco gas pipeline investment

2 days ago
Development bank disbursed N1 trillion to MSMEs – MD
Economy

Development bank disbursed N1 trillion to MSMEs – MD

4 days ago
EFCC arrests ex-government contractor over alleged N30 billion fraud
National

Ex-PDP chairman’s son jailed 14 years for N2.2 billion subsidy scam

1 week ago

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

NATIONS NEWS

FBI Arrests  Nigerian “Tech Queen” for Fraud in the USA
National

FBI Arrests Nigerian “Tech Queen” for Fraud in the USA

4 hours ago
After 2 years of Tinubu’s govt, No gains, but more suffering, hardship – NLC claims.
National

After 2 years of Tinubu’s govt, No gains, but more suffering, hardship – NLC claims.

4 hours ago
Security forces reassure Yobe residents insurgent-free sallah celebration
National

Security forces reassure Yobe residents insurgent-free sallah celebration

9 hours ago
Breaking News: Chief of Army Staff relocates to Benue to tackle insecurity
National

Breaking News: Chief of Army Staff relocates to Benue to tackle insecurity

1 day ago
Tinubu Has Outperformed All Presidents Before Him- Felix Morka
National

Tinubu Has Outperformed All Presidents Before Him- Felix Morka

1 day ago
Amaechi To Wike: You Worked Under Me; I Don’t Respond To Children.
National

Amaechi To Wike: You Worked Under Me; I Don’t Respond To Children.

1 day ago

POLITICS

Group Fires Back At Wike Over Betrayal Allegations Against Makinde, Mbah.

Wike debunks existence of “Cabal” in Tinubu’s government

4 hours ago
More defections: Rep dumps PDP for APC, urges support for Gov Otu, Tinubu

More defections: Rep dumps PDP for APC, urges support for Gov Otu, Tinubu

5 days ago
PDP Crisis: BoT urges forgiveness, dialogue and unity

PDP Crisis: BoT urges forgiveness, dialogue and unity

1 week ago
Tinubu receiving performance based endorsement – Top APC Chieftain

Tinubu receiving performance based endorsement – Top APC Chieftain

1 week ago
​​Coalition Saga: Atiku Ignores Adeleke In Osun, Draws Battle Line With PDP Govs. 

​​Coalition Saga: Atiku Ignores Adeleke In Osun, Draws Battle Line With PDP Govs. 

1 week ago
Gov Adeleke’s defection rumours to APC gain traction as David visits Tinubu

Gov Adeleke’s defection rumours to APC gain traction as David visits Tinubu

1 week ago

YOUR ECONOMY

FG will revive cocoa industry – Shettima
Economy

FG will revive cocoa industry – Shettima

2 days ago
Nigerian companys take priority over foreign businesses with “Nigeria First Policy” 
Economy

Tinubu seeks $25 billion Nigeria-Morocco gas pipeline investment

2 days ago
Development bank disbursed N1 trillion to MSMEs – MD
Economy

Development bank disbursed N1 trillion to MSMEs – MD

4 days ago
Becoming AfDB president greatest honour of my life – Adesina
Economy

Becoming AfDB president greatest honour of my life – Adesina

1 week ago
Dangote Refinery Drops Pump Prices Again with a Price Range between 875 and ₦905 Nationwide
Economy

Dangote Refinery Drops Pump Prices Again with a Price Range between 875 and ₦905 Nationwide

2 weeks ago
Fidelity Bankruptcy Scare: Banking sector is stable, says CBN
Economy

Fidelity Bankruptcy Scare: Banking sector is stable, says CBN

2 weeks ago

E & P

Cole Palmer to wear Chelsea’s number 10 next season
Sports

Cole Palmer to wear Chelsea’s number 10 next season

by Steven Atogi
9 hours ago
0

England midfielder, Cole Palmer, since joining Chelsea from Manchester City have been wearing the number 20 jersey for the blues....

Man United submits £45m bid for Bryan Mbeumo

Man United submits £45m bid for Bryan Mbeumo

9 hours ago
Breaking News: Hansi Flick interested in signing Ademola Lookman to Barcelona 

Breaking News: Hansi Flick interested in signing Ademola Lookman to Barcelona 

1 day ago
Choosing Nigeria Over England, Best Career Decision I made – Lookman

Choosing Nigeria Over England, Best Career Decision I made – Lookman

1 day ago
Three names to watch in the Premier league transfer window

Three names to watch in the Premier league transfer window

2 days ago
Bruno Fernandes rejects Al Hilal proposal

Bruno Fernandes rejects Al Hilal proposal

2 days ago

YOUR THOUGHT & HISTORY

ON THE PUBLIC NUISANCE CALLED SOWORE
Opinion

ON THE PUBLIC NUISANCE CALLED SOWORE

by Kiikpoye Karibo
3 months ago
Data Visualizations
Columns

Five Key Considerations for Creating Effective Data Visualizations

by Blessing Chinyere Daniel
5 months ago
The Transformative Power of AI in Revolutionizing Industries and Empowering Growth
Columns

The Transformative Power of AI in Revolutionizing Industries and Empowering Growth

by Blessing Chinyere Daniel
6 months ago
Navigating the Turbulent Terrain of Entrepreneurship: The Power of Tenacity, Growth Mind-set, and Grit
Columns

Navigating the Turbulent Terrain of Entrepreneurship: The Power of Tenacity, Growth Mind-set, and Grit

by Uloma Harrison-Ikenwanze
6 months ago
The Power of Data in Today’s World
Columns

The Power of Data in Today’s World

by Blessing Chinyere Daniel
6 months ago

Who we are

Umpirenews | Latest News, Politics, Breaking News, Nigeria and African history

Welcome to Umpire News, your go-to online newspaper dedicated to broadening perspectives and expanding the horizons of our numerous readers. Read more

Browse by Category

  • Columns
  • Economy
  • Editorial
  • Entertainment
  • International
  • National
  • News
  • Opinion
  • Politics
  • Sports

Recent News

FBI Arrests  Nigerian “Tech Queen” for Fraud in the USA

FBI Arrests Nigerian “Tech Queen” for Fraud in the USA

June 5, 2025
After 2 years of Tinubu’s govt, No gains, but more suffering, hardship – NLC claims.

After 2 years of Tinubu’s govt, No gains, but more suffering, hardship – NLC claims.

June 5, 2025
  • About Us
  • Contact Us
  • Privacy & Policy

© 2024 Copyright Umpirenews. All rights reserved

No Result
View All Result
  • Home
  • National
  • Economy
  • Politics
  • Sports
  • Entertainment
  • Editorial
  • Opinion
  • Columns

© 2024 Copyright Umpirenews. All rights reserved

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
🤑Join & Get Our Easter Gifts 🤑

Enter your NAME & Email NOW!!

Be among the 1st 100 lucky WINNERS to win our Amazing GIFTs this Easter Period as you READ our Daily hot NEWs & make meaningful comments and follow us on our social media handles.

Name
Enter your email address