Total SE started production from the Zinia Phase 2 short-cycle project on Block 17 in Angola. The energy company together with the Angolan National Oil, Gas and Biofuels Agency made the announcement.
“The successful start-up of this project, despite the challenges that have arisen as a result of the pandemic, demonstrates Total’s commitment to ensure a sustainable output on Block 17, for which the production license was recently extended until 2045. Zinia Phase 2 project reflects the quality of short cycle projects in Angola with high return on investment”, said Nicolas Terraz, President Africa, Exploration and Production at Total.
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Zinia Phase 2
Located in water depths from 600 to 1,200 meters and about 150 kilometers from the Angolan coast, Zinia Phase 2 resources are estimated at 65 million barrels of oil. The project includes drilling nine wells and is expected to reach a production of 40,000 b/d of oil by mid-2022. Zinia Phase 2 is connected to Pazflor’s floating production, storage, and offloading unit (FPSO). Resources are estimated at 65 million bbl of oil.
The development of this project was carried out according to schedule and for a CAPEX more than 10% below budget, representing a saving of 150 million dollars. It involved more than 3 million manhours of work, of which 2 million were performed in Angola, without any incident. Total is operator of Block 17 with 38% interest. Partners are Equinor (22.16%), ExxonMobil (19%), BP Exploration Angola Ltd. (15.84%), and Sonangol P&P (5%).
“Zinia Phase 2 is a key project for Angola that comes at the right time to sustain the production of the country. We welcome our collaboration with Total in Angola that keeps investing with its partners in the development of the country oil resources,” said Paulino Jerónimo, CEO of the National Oil, Gas and Biofuels Agency.
Total has been present in Angola since 1953 and its equity production in Angola averaged 212,000 barrels of oil equivalent per day in 2020 from operated blocks 17 and 32, and from non-operated assets 0, 14, 14K, and Angola LNG. Total is the country’s leading oil operator with close to 45% of Angola’s operated oil production.
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