TotalEnergies fast-tracks Block 17 Acacia-5 oil discovery in Angola, targets first oil in 3 months

Reuters2026/09/10 06:22

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TotalEnergies unveiled the Acacia-5 oil discovery on Angola’s Block 17, targeting first oil within three months via spare capacity on the Pazflor FPSO.
Fast-track tie-back is expected to lift Block 17 output by 6,000 barrels per day.
The group agreed to take a 40% operated stake in Angola’s exploration blocks 17/25 and 32/21 near its existing Lower Congo Basin hubs.
The moves follow a separate 2026 discovery on Block 0, where TotalEnergies holds a 10% interest.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. TotalEnergies SE published the original content used to generate this news brief via Business Wire (Ref. ID: 202609100220BIZWIRE_UKPR_REG_20260909_BW232913) on September 10, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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TotalEnergies fast-tracks Block 17 Acacia-5 oil discovery in Angola, targets first oil in 3 months

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