• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Tuesday, July 21, 2026
Leadership Newspapers
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
Hausa Edition
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

TotalEnergies Expands Africa’s Oil And Gas Production Footprint

Chika Izuora by Chika Izuora
2 months ago
in Business
1643391190690blob
Share on WhatsAppShare on FacebookShare on XTelegram

TotalEnergies is sustainably growing a multi-pronged offshore strategy in Angola, combining deepwater project development, brownfield optimization and frontier exploration as the company expands its long-term position in the country.

The oil major is also betting on asset development in Nigeria, where it has significant investment in prolific producing assets.

The company’s Angola country manager, Martin Deffontaines, is scheduled to speak at the Angola Oil & Gas (AOG) Conference & Exhibition in September as Angola continues pursuing efforts to sustain national crude production above 1 MMbopd.

TotalEnergies has significantly expanded its deepwater and offshore footprint in Nigeria through a series of recent production-sharing contracts (PSCs) and asset swaps. These moves align with the company’s strategy to focus on operated offshore assets and leverage existing infrastructure.

On a scale of preference it has signed a PSC with Nigeria and local partner Sapetro for offshore blocks PPL 2000 and PPL 2001. Located in the West Delta/Niger Delta Basin, the blocks span approximately 2,000 square kilometers, with TotalEnergies holding an 80 per cent operating stake.

TotalEnergies increased its operated stake in offshore block OPL 257 to 90 per cent in a swap agreement with Conoil. This allows the company to appraise the Egina South discovery and plan potential tie-backs to the existing Egina Floating Production Storage and Offloading (FPSO) facility.

The firm expanded its global exploration collaboration with Chevron to Nigeria, divesting a 40 per cent non-operated stake to a Chevron company while retaining operatorship of these new West Delta prospects.

To optimize its deepwater portfolio, the company completed the divestment of its 12.5 per cent non-operated stake in the deepwater OML 118 (Bonga field) to Shell and Eni for $510 million.

Among TotalEnergies’ recent developments in Angola, is the Kaminho deepwater project in the Kwanza Basin, where the company reached final investment decision in 2024. The approximately $6-billion project is expected to produce around 70,000 bopd through an FPSO designed with lower-emission technologies, with startup targeted in 2028.

The company also recently signed a principles agreement with Angola’s National Oil, Gas & Biofuels Agency to extend the Block 32 license through 2043.

The block includes the Kaombo development and six producing fields offshore Angola.

In March, TotalEnergies signed an agreement with ExxonMobil and ANPG covering four offshore blocks in the Benguela and Namibe basins Blocks 40, 41, 42 and 58 — supporting additional frontier exploration activity offshore Angola.

RELATED NEWS

Sule Seeks Stronger Mortgage Funding, Positions Nasarawa For Affordable Housing Growth

BREAKING: MPC Keeps Rates Unchanged

Meet Post‑award Conditions in 90 Days Or Forfeit Blocks, NUPRC Licencees

The company is also participating in studies evaluating additional opportunities in the free areas of Blocks 17/06 and 32/21, two mature producing offshore areas.p

TotalEnergies expanded its Angolan production portfolio in 2025 through startup of the Begonia and CLOV Phase 3 offshore developments, which together added approximately 60,000 bopd.

The company said the projects reflect its broader strategy of balancing new exploration opportunities with redevelopment and optimization of existing offshore infrastructure in Angola’s deepwater sector.

We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel

BREAKING NEWS: Nigerians can now earn as much as $15,000- $25,000 with premium domains. You decide if you want payment in Naira or US Dollars. Be sure to ask for evidence and proof of people benefitting daily from this. CLICK HERE TO START
Chika Izuora

Chika Izuora

Chika Izuora is a journalist with Leadership Media Group with over two decades of mainstream journalism experience. A Mass Communication graduate and alumnus of Pan Atlantic University (PAU), he has built outstanding expertise in the oil and gas industry alongside a versatile career as a journalist and author.

OTHER NEWS UPDATES

Sule Seeks Stronger Mortgage Funding, Positions Nasarawa For Affordable Housing Growth
Business

Sule Seeks Stronger Mortgage Funding, Positions Nasarawa For Affordable Housing Growth

2 hours ago
NPL Rises To 9.85% As Banks Exit Regulatory Forbearance
Business

BREAKING: MPC Keeps Rates Unchanged

3 hours ago
Meet Post‑award Conditions in 90 Days Or Forfeit Blocks, NUPRC  Licencees
Business

Meet Post‑award Conditions in 90 Days Or Forfeit Blocks, NUPRC Licencees

4 hours ago
Next Post
Rising Oil Prices, Power Outages Push Manufacturers To Brink

Oil Firm Reorganizes To Advance Energy Efficiency Growth

Advertisement

LATEST UPDATE

NPC Begins Digital Birth, Death Registration In Kogi

19 minutes ago

Manufacturers Withdraw Lawsuit Against FG, Clears Path for 1.55m Meters Procurement

28 minutes ago

Senate Advances Bill To Overhaul Nigeria’s Food, Drug Regulation Laws

30 minutes ago

Godzilla X Kong Star Kaylee Hottle Dies At 18 Following Tragic Car Accident

47 minutes ago

Tom Holland Sweetly Calls Zendaya His “Wife” As He Shares How She Pushed Him To Join The Odyssey

49 minutes ago
Load More
Advertisement
Facebook Twitter Instagram Youtube Whatsapp

© 2026 LEADERSHIP Media Group - All Rights Reserved | Hausa | Online Casino.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2026 LEADERSHIP Media Group - All Rights Reserved | Hausa | Online Casino.