REG-TotalEnergies SE Exploration in Angola: TotalEnergies Announces a New Discovery on Block 17 and Enters New Exploration Blocks
TotalEnergies announced the Acacia-5 oil discovery on Angola's Block 17, where it is operator with a 38% interest, with first oil targeted just three months after the June 2026 discovery via a fast-track tie-back to the Pazflor FPSO, lifting Block 17 output by 6,000 barrels per day. Acacia-5 is TotalEnergies' second Angolan exploration success of 2026, following the Chevron-operated Block 0 discovery (10% interest). The company also entered Blocks 17/25 and 32/21 as operator with a 40% stake alongside ExxonMobil, and signed a February 2026 Head of Agreement to farm in for 35% of four Benguela Basin blocks with ExxonMobil.
Key figures
- Block0 interest pct
- 10
- Block17 interest pct
- 38
- Angola 2025 production boe d
- 156000
- Acacia5 production uplift bpd
- 6000
- Benguela farm in interest pct
- 35
- Discovery to first oil months
- 3
- New blocks operated interest pct
- 40
- Angola operated share of country production pct
- 45
AI analysis
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