While Angola is striving to stabilize its declining crude oil production, the country has reached a new milestone with the start of the Begónia project, which will contribute 30,000 barrels per day to national production. The announcement was made on Wednesday, July 23 by the National Agency for Oil, Gas and Biofuels (ANPG).
Located about 150 kilometers off the coast, Begónia represents the country’s first inter-block subsea development, connecting blocks 17 and 17/06 at depths ranging from 800 to 1,200 meters. The project connects five subsea wells to the existing infrastructure of the FPSO Pazflor, located in block 17, for a total estimated investment of $850 million.
Despite the presence of two separate contracting groups for the blocks involved, collaboration between the national concessionaire (ANPG) and project partners has overcome technical and legal challenges to ensure the viability and approval of the development.
According to the Minister of Mineral Resources, Petroleum and Gas, Diamantino Azevedo, “this type of project is essential to maintain Angolan production by optimizing existing assets and resources. We will continue to make every possible effort to offer operators and partners the best opportunities to maximize their activities in Angola and increase the productivity and efficiency of our oil sector,” he emphasized.
Block 17/06 is operated by TotalEnergies (30%), in partnership with Sonangol EP (30%), SSI (27.5%), ETU Energias (7.5%) and Falcon Oil (5%).
