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
13 March 2026
Brussels is again weighing a cap on gas prices amid the Hormuz crisis, but the measure could backfire by deterring the LNG cargoes Europe urgently needs
12 March 2026
Emergency oil stocks provide a last line of defence to oil market shocks, so the IEA’s unprecedented 400m bl release represents something of a double-edged sword
12 March 2026
LPG could rapidly expand access to clean cooking across Africa and prevent hundreds of thousands of deaths from indoor air pollution each year, but infrastructure shortages and regulatory barriers are slowing investment and market growth
11 March 2026
Missiles over Dubai and disruption in Hormuz are testing the emirate’s reputation—and shaking the energy hub at the centre of the Gulf economy
