TTE - Oil Giant Dives Deep in Angola: TotalEnergies Greenlights Kaminho FPSO Unit | Benzinga
TotalEnergies SE (NYSE:TTE), along with its Block 20/11 partners, Petronas and Sonangol, disclosed the Final Investment Decision (FID) of the Kaminho deepwater project in Angola.
The company plans to develop the Cameia and Golfinho fields, located 100km off the coast of Angola, by 1,700m water-depth.
This FID was made possible by a close collaboration with the concessionaire Agencia Nacional de Petroleo e Gas (ANPG).
The Kaminho project, the first large deepwater development in the Kwanza basin, comprises converting a Very Large Crude Carrier (VLCC) to a Floating Production Storage and Offloading (FPSO) unit that will be ...