KUALA LUMPUR, June 3 – PETRONAS Angola E&P Ltd (PETRONAS Angola E&P), alongside partners TotalEnergies EP Angola Block 20 (TotalEnergies) and Sonangol Pesquisa e Produção S.A. (Sonangol P&P), have announced the Final Investment Decision (FID) to develop the Cameia and Golfinho fields in Block 20/11, situated 100 kilometres offshore Angola.
With PETRONAS Angola E&P holding a 40 per cent participating interest in the block, alongside TotalEnergies and Sonangol P&P, each with 40 per cent and 20 per cent respectively, this development underscores PETRONAS’ commitment to fortify its international portfolio and presence in Africa. The project entails the conversion of a Very Large Crude Carrier (VLCC) into a Floating Production Storage and Offloading (FPSO) unit, employing technologies to reduce greenhouse gas emissions and prevent flaring by reinjecting associated gas back into reservoirs.
Executive Vice President and Chief Executive Officer of Upstream PETRONAS, Datuk Adif Zulkifli, emphasized the significance of this milestone in realizing PETRONAS’ investment in the deepwater Kwanza basin in Angola, affirming their commitment to seamless project execution in collaboration with partners and host authorities. As PETRONAS continues to navigate the energy transition, this venture underscores its dedication to delivering reliable and sustainable energy solutions on a global scale.
