Total and its partners have initiated the development of Zinia 2 deep offshore project in Block 17, located 150km offshore Angola.

With an estimated production capacity of 40,000 barrels per day, Zina 2 comprises nine wells in water depths between 600m and 1,200m. These are tied back to the Pazflor floating storage, production and offloading (FPSO).

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

This project is one of the possible short-cycle developments on Block 17 expected to unlock its complete potential by linking satellite reservoirs with the current FPSO units.

Total holds a 40% operating interest in the Block 17, while affiliates of Equinor, Exxon Mobil, and BP hold 23.33%, 20%, and 16.67% stake, respectively.

Total Exploration & Production president Arnaud Breuillac said: “This project will allow to extend the profitability of this prolific block, with over 2.6 billion barrels already produced.

“This project will allow to extend the profitability of this prolific block, with over 2.6 billion barrels already produced.”

“Thanks to the favourable fiscal framework introduced by the Angolan authorities for satellite developments, other projects similar to Zinia 2 are currently under consideration on Block 17.”

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

The company has also bolstered its presence in Angola by entering various agreements with Sonangol for both upstream and downstream activities.

One of the deals is a risk service agreement covering the deepwater Block 48 exploration licence, which will be operated by Total and involves drilling of a well during the initial two-year phase.

In addition, a framework agreement entails a joint venture between the partners for the development of a service stations network, including petroleum product logistics and supply, in Angola.