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Angola signs new deepwater exploration deals with Shell, Chevron, TotalEnergies

Angola’s National Agency for Petroleum, Gas and Biofuels (ANPG) has signed a series of offshore exploration agreements with Shell, Chevron, TotalEnergies and other international operators covering deepwater blocks across the Kwanza and Congo basins. ANPG signed risk-service contracts for deepwater Blocks 19, 34 and 35 with Shell, Equinor and Sonangol E&P. The agreements establish terms […]

TotalEnergies takes FID on Absheron gas development offshore Azerbaijan

 TotalEnergies and partners SOCAR and XRG have taken final investment decision (FID) on the full-field development of the Absheron gas and condensate field offshore Azerbaijan, targeting startup in 2029. The development will increase overall Absheron production capacity to 6 billion cubic meters per annum (Bcma) of gas and 47,000 bpd of condensate. Gas production will […]

TotalEnergies, Mistral launch AI program for oil and gas exploration

TotalEnergies and Mistral have launched a three-year, more than $115 million artificial intelligence program aimed at developing advanced models for oil and gas exploration, reservoir characterization and field development.   The partnership will combine TotalEnergies’ subsurface data and nearly a century of geoscience and reservoir engineering expertise with Mistral’s artificial intelligence capabilities, including agentic AI. […]

TotalEnergies announces discover at Angola’s Block 17

On Thursday, a discovery from June, made in the Acacia-5 development of Angola’s offshore Block 17, was announced by TotalEnergies‘ Chairman and CEO Patrick Pouyanné.  The discovery was made near to existing production at Block 17, allowing development to be fast-tracked via a tie-back using spare capacity on the Pazflor FPSO. This means no new […]

TotalEnergies fast-tracks Angola oil discovery to first production in three months

TotalEnergies is fast-tracking development of its Acacia-5 oil discovery offshore Angola, targeting first production just three months after the discovery while expanding its exploration portfolio with two new operated blocks.   Acacia-5 was discovered in June 2026 on Block 17, where TotalEnergies holds a 38% operated interest. The discovery will be developed using available capacity on the existing […]