TotalEnergies has announced several exploration developments in Angola, including a new oil discovery on Block -field discovery on Block 17, where TotalEnergies holds a 38 per cent operated interest, is expected to reach first oil just three months after its June 20217 and agreements to enter two additional offshore exploration blocks.

The Acacia-5 near-field discovery on Block 17, where TotalEnergies holds a 38 per cent operated interest, is expected to reach first oil just three months after its June 2026 discovery.

The fast-track development will use available capacity on the Pazflor FPSO and is expected to add 6,000 barrels per day to Block 17 production.

Acacia-5 represents TotalEnergies’ second exploration success in Angola in 2026, following a discovery on Block 0 in the Lower Congo Basin, where the company holds a 10 per cent stake alongside operator Chevron.

TotalEnergies has also signed agreements with Angola’s ANPG to acquire a 40 per cent operated interest in exploration Blocks 17/25 and 32/21 in the Lower Congo Basin.

The blocks have extensive 3D seismic coverage and are close to existing TotalEnergies facilities, potentially enabling cost-efficient tie-back developments.

The company also signed a February 2026 Head of Agreement with ANPG and ExxonMobil to farm into Blocks 40, 41, 42 and 58 in the Benguela Basin with a 35 per cent interest.

“I am very pleased to announce these exploration successes in Angola, which demonstrate both the attractiveness of the country and our confidence in its future. Exploration is a key pillar of our ambition in Angola, supported by the incentives introduced to encourage investment. Together with our partners, we aim to explore further and unlock new resources, sustaining a strong exploration effort to identify new opportunities across Angola's offshore basins", said Patrick Pouyanné, Chairman and CEO of TotalEnergies. -OGN/TradeArabia News Service