PSC extension secured for TotalEnergies’ Angolan deepwater block

(offshore-energy.biz) TotalEnergies and its partners have signed an extension of the production sharing contract (PSC) for a block offshore Angola.

The extension refers to Block 17, described as one of the country’s most prolific offshore oil exploration blocks and one of the first deep-offshore blocks to be licensed in Angola.

The license is operated by TotalEnergies with Equinor, ExxonMobil, Azule Energy (a joint venture between Eni and BP), and Sonangol as partners.

“This extension solidifies our strategic presence in the region and reflects our unwavering focus on operational excellence, sustainable development, and value creation,” noted Azule Energy.

Located 150 kilometers off the Angolan coast in water depths ranging from 600 to 1,400 meters, Block 17–dubbed the “golden block”–produces oil through floating production, storage, and offloading (FPSO) units, including Girassol, Dalia, Pazflor, and CLOV.

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