LA DEFENSE (Alliance News) - French energy giant Total SA and its partners have taken the final investment decision to launch the Zinia 2 deep offshore development in Block 17, 150 kilometers offshore Angola.
The Zinia 2 project will have a production capacity of 40,000 barrels per day, sustaining Pazflor field production, on stream since 2011.
Zinia 2 is the first of several possible short-cycle developments on Block 17 that will unlock its full potential by connecting satellite reservoirs to the existing floating storage, production and offloading units, Total said.
Zinia 2 comprises nine wells in water depths ranging from 600 to 1,200 meters, tied back to the Pazflor FPSO with a budget of USD1.2 billion.
Total operates the Block 17 with a 40% interest, alongside affiliates of Equinor with 23.33%, Exxon Mobil Corp with 20%, and BP PLC with 16.67%. Sonangol, is concessionaire. It has four FPSOs - Girassol, Dalia, Pazflor and CLOV. In 2017, its production averaged 600,000 b/d.
In addition to Block 17, Total also operates the Kaombo deep offshore project in Block 32 with 30% interest. In April 2014, the final investment decision was made to develop its estimated 650 million barrels of reserves using two converted FPSOs, for a production capacity of 230,000 b/d. The start-up of the first FPSO, Kaombo Norte, is expected by summer 2018.
Total is also a partner in Blocks 14 (20%), 14K (36.75%) and 0 (10%) and Angola LNG (13.6%).
BP (BP.)