Close Menu
  • Home
  • Market News
    • Crude Oil Prices
    • Brent vs WTI
    • Futures & Trading
    • OPEC Announcements
  • Company & Corporate
    • Mergers & Acquisitions
    • Earnings Reports
    • Executive Moves
    • ESG & Sustainability
  • Geopolitical & Global
    • Middle East
    • North America
    • Europe & Russia
    • Asia & China
    • Latin America
  • Supply & Disruption
    • Pipeline Disruptions
    • Refinery Outages
    • Weather Events (hurricanes, floods)
    • Labor Strikes & Protest Movements
  • Policy & Regulation
    • U.S. Energy Policy
    • EU Carbon Targets
    • Emissions Regulations
    • International Trade & Sanctions
  • Tech
    • Energy Transition
    • Hydrogen & LNG
    • Carbon Capture
    • Battery / Storage Tech
  • ESG
    • Climate Commitments
    • Greenwashing News
    • Net-Zero Tracking
    • Institutional Divestments
  • Financial
    • Interest Rates Impact on Oil
    • Inflation + Demand
    • Oil & Stock Correlation
    • Investor Sentiment

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

What's Hot

Oil Prices Hit 19-Month High at $83.44 Amid Escalating Iran-Israel Conflict, ETEnergyworld

March 4, 2026

Oil risk premium returns and what it means for energy investors – Oil & Gas 360

March 4, 2026

Argentina expands incentives to spur Vaca Muerta shale oil investment – Oil & Gas 360

March 4, 2026
Facebook X (Twitter) Instagram Threads
Oil Market Cap – Global Oil & Energy News, Data & Analysis
  • Home
  • Market News
    • Crude Oil Prices
    • Brent vs WTI
    • Futures & Trading
    • OPEC Announcements
  • Company & Corporate
    • Mergers & Acquisitions
    • Earnings Reports
    • Executive Moves
    • ESG & Sustainability
  • Geopolitical & Global
    • Middle East
    • North America
    • Europe & Russia
    • Asia & China
    • Latin America
  • Supply & Disruption
    • Pipeline Disruptions
    • Refinery Outages
    • Weather Events (hurricanes, floods)
    • Labor Strikes & Protest Movements
  • Policy & Regulation
    • U.S. Energy Policy
    • EU Carbon Targets
    • Emissions Regulations
    • International Trade & Sanctions
  • Tech
    • Energy Transition
    • Hydrogen & LNG
    • Carbon Capture
    • Battery / Storage Tech
  • ESG
    • Climate Commitments
    • Greenwashing News
    • Net-Zero Tracking
    • Institutional Divestments
  • Financial
    • Interest Rates Impact on Oil
    • Inflation + Demand
    • Oil & Stock Correlation
    • Investor Sentiment
Oil Market Cap – Global Oil & Energy News, Data & Analysis
Home » TotalEnergies Starts Production at Begonia, CLOV Phase III offshore Angola
Middle East

TotalEnergies Starts Production at Begonia, CLOV Phase III offshore Angola

omc_adminBy omc_adminJuly 24, 2025No Comments4 Mins Read
Share
Facebook Twitter Pinterest Threads Bluesky Copy Link


TotalEnergies SE said Wednesday it has unlocked new production of 60,000 barrels per day (bpd) gross in Angola with the start-up of Begonia and CLOV Phase III.

Begonia, 150 kilometers (93.21 miles) off the coast of the Central African country, has a capacity of 30,000 bpd. The project consists of five wells tied back to the Pazflor floating production, storage and offloading (FPSO) vessel.

The first inter-block development in Angola, Begonia straddles blocks 17 and 17/06, both operated by the French energy giant. TotalEnergies owns a 38 percent stake in block 17 and 30 percent in 17/06.

Block 17’s CLOV Phase III, 140 kilometers off the coast, also has a production capacity of 30,000 bpd. It consists of four wells tied back to the CLOV FPSO.

In block 17, TotalEnergies’ partners are Norway’s majority state-owned Equinor ASA (22.16 percent), Texas-based Exxon Mobil Corp. (19 percent), BP PLC-Eni SpA joint venture Azule Energy (15.84 percent) and state-owned Sociedade Nacional de Combustiveis de Angola EP (five percent).

In block 17/06, the co-venturers are Sonangol (30 percent), SSI (27.5 percent), ETU Energias (7.5 percent) and Falcon Oil (five percent).

The two projects “will help Angola maintain its production levels above one million bpd”, said Paulino Jeronimo, chair of the National Agency for Petroleum, Gas and Biofuels.

TotalEnergies president for exploration and production Nicolas Terraz said, “With Begonia and CLOV Phase III, we are leveraging available production capacity in existing FPSOs of Block 17 (Pazflor and CLOV) while reducing costs and emissions”.

Besides CLOV and Pazflor, block 17 also produces through FPSOs Dalia and Girassol. TotalEnergies said last year several infill drilling projects were being carried out. An exploration well, Dalia‑6, was also drilled 2024.

Elsewhere in Angola, TotalEnergies and its partners approved the Kaminho project in block 20/11 last year. The first large deepwater development in the Kwanza basin, Kaminho is planned to have a capacity of 70,000 bpd through the Cameia and Golfinho fields. Start-up is targeted 2028. TotalEnergies operates block 20/11 with a 40 percent stake.

In Block 32, TotalEnergies, with a 30 percent operating ownership, said 2024 it would continue drilling development wells through the third quarter of 2025 including three infill wells of Kari Phase 1. It said it was assessing potential additional developments in discoveries in the central and northern areas of the block. Block 32 is already in production through FPSOs Kaombo Norte and Kaombo Sul.

In 2023, Block 0, where TotalEnergies holds a 10 percent interest, secured a license extension until 2045.

TotalEnergies says it accounts for over 45 percent of Angola’s oil production through its operated deepwater assets.

To contact the author, email jov.onsat@rigzone.com


What do you think? We’d love to hear from you, join the conversation on the

Rigzone Energy Network.

The Rigzone Energy Network is a new social experience created for you and all energy professionals to Speak Up about our industry, share knowledge, connect with peers and industry insiders and engage in a professional community that will empower your career in energy.

element
var scriptTag = document.createElement(‘script’);
scriptTag.src = url;
scriptTag.async = true;
scriptTag.onload = implementationCode;
scriptTag.onreadystatechange = implementationCode;
location.appendChild(scriptTag);
};
var div = document.getElementById(‘rigzonelogo’);
div.innerHTML += ” +
‘RIGZONE Empowering People in Oil and Gas‘ +
”;

var initJobSearch = function () {
//console.log(“call back”);
}

var addMetaPixel = function () {
if (-1 > -1 || -1 > -1) {
/*Meta Pixel Code*/
!function(f,b,e,v,n,t,s)
{if(f.fbq)return;n=f.fbq=function(){n.callMethod?
n.callMethod.apply(n,arguments):n.queue.push(arguments)};
if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version=’2.0′;
n.queue=[];t=b.createElement(e);t.async=!0;
t.src=v;s=b.getElementsByTagName(e)[0];
s.parentNode.insertBefore(t,s)}(window, document,’script’,
‘https://connect.facebook.net/en_US/fbevents.js’);
fbq(‘init’, ‘1517407191885185’);
fbq(‘track’, ‘PageView’);

/*End Meta Pixel Code*/
} else if (0 > -1 && 99 > -1)
{
/*Meta Pixel Code*/
!function(f,b,e,v,n,t,s)
{if(f.fbq)return;n=f.fbq=function(){n.callMethod?
n.callMethod.apply(n,arguments):n.queue.push(arguments)};
if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version=’2.0′;
n.queue=[];t=b.createElement(e);t.async=!0;
t.src=v;s=b.getElementsByTagName(e)[0];
s.parentNode.insertBefore(t,s)}(window, document,’script’,
‘https://connect.facebook.net/en_US/fbevents.js’);
fbq(‘init’, ‘1517407191885185’);
fbq(‘track’, ‘PageView’);
/*End Meta Pixel Code*/
}
}

// function gtmFunctionForLayout()
// {
//loadJS(“https://www.googletagmanager.com/gtag/js?id=G-K6ZDLWV6VX”, initJobSearch, document.body);
//}

// window.onload = (e => {
// setTimeout(
// function () {
// document.addEventListener(“DOMContentLoaded”, function () {
// // Select all anchor elements with class ‘ui-tabs-anchor’
// const anchors = document.querySelectorAll(‘a .ui-tabs-anchor’);

// // Loop through each anchor and remove the role attribute if it is set to “presentation”
// anchors.forEach(anchor => {
// if (anchor.getAttribute(‘role’) === ‘presentation’) {
// anchor.removeAttribute(‘role’);
// }
// });
// });
// }
// , 200);
//});



Source link

Share. Facebook Twitter Pinterest Bluesky Threads Tumblr Telegram Email
omc_admin
  • Website

Related Posts

Oil Rally Pauses After Trump Pledge

March 3, 2026

UAE Reports Major Fire at Fujairah Oil Hub

March 3, 2026

Oil is Iran’s Weapon of Choice

March 3, 2026
Add A Comment
Leave A Reply Cancel Reply

Top Posts

Federal Reserve cuts key rate for first time this year

September 17, 202513 Views

Inflation or jobs: Federal Reserve officials are divided over competing concerns

August 14, 20259 Views

Oil tanker rates to stay strong into 2026 as sanctions remove ships for hire – Oil & Gas 360

December 16, 20258 Views
Don't Miss

Subsea7 announces CEO transition ahead of planned Saipem merger

By omc_adminMarch 4, 2026

(WO) – Subsea7 announced that Chief Executive Officer John Evans will retire on June 30,…

Extended Hormuz closure could push oil toward $110, analyst warns

March 3, 2026

Argentina expands incentives to spur Vaca Muerta shale oil investment

March 3, 2026

Iran conflict raises risk of oil and LNG supply shock, Enverus says

March 3, 2026
Top Trending

XeleratedFifty Acquires Carbon Management Platform Terrascope

By omc_adminMarch 3, 2026

Global economy must stop pandering to ‘frivolous desires of ultra-rich’, says UN expert | Environment

By omc_adminMarch 3, 2026

KPMG Appoints Gauthier Acket as Head of Global ESG

By omc_adminMarch 3, 2026
Most Popular

The 5 Best 65-Inch TVs of 2025

July 3, 202515 Views

AI’s Next Bottleneck Isn’t Just Chips — It’s the Power Grid: Goldman

November 14, 202514 Views

The Layoffs List of 2025: Meta, Microsoft, Block, and More

May 9, 202510 Views
Our Picks

Oil Rally Pauses After Trump Pledge

March 3, 2026

UAE Reports Major Fire at Fujairah Oil Hub

March 3, 2026

Argentina expands incentives to spur Vaca Muerta shale oil investment

March 3, 2026

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Facebook X (Twitter) Instagram Pinterest
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions
© 2026 oilmarketcap. Designed by oilmarketcap.

Type above and press Enter to search. Press Esc to cancel.