Deepwater Oil Project in Kwanza Basin
Sector: Oil and Gas • Location: Angola
Source: Offshore-Energy
TotalEnergies has made a final investment decision to develop a deepwater oil project in Block 20, marking the first large deepwater development in the Kwanza basin off the coast of Angola. The project involves significant collaboration with Saipem, adding $3.7 billion to their backlog.
- Status
- Closed
- Sector
- Oil and Gas
- Location
- Angola
- Updated
- 22 Jul 2026
- Source
- Offshore-Energy
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Project Information
Participants
Company |
Status
Original status | Awarded |
Taiyo status | Closed |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | TotalEnergies has made a final investment decision to develop a deepwater oil project in Block 20, marking the first large deepwater development in the Kwanza basin off the coast of Angola. The project involves significant collaboration with Saipem, adding $3.7 billion to their backlog. |
Original sector | Energy |
Budget |
Location
Country | Angola |
Source
Source | Offshore-Energy |
URL |
More Details
Record type | Project |
Sector | Oil and Gas |
Article published date | 2025-05-05 |
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