19/05/2026 by Thomas Clark
French supermajor TotalEnergies recently arranged to extend the production period for development areas of Block 32 until 2043.
The decision was formalised in a written agreement co-signed by the National Oil, Gas & Biofuels Agency (ANPG), the upstream regulator of Angola.
With business activities in around 120 different countries, TotalEnergies has interests in oil, renewable electricity, natural gas, biofuels and green gases. It also manufactures state-of-the-art lubricants like cutting fluid and compressor oil via its respected Total brand.
The recent agreement was signed for the contractor group and established general terms for the block’s continuous development. The extension represents a substantial vote of confidence in the African nation’s upstream sector during a time when Angola is pursuing enhanced recovery, production stability and renewed direct investment from foreign powers for mature assets offshore.
Speaking for the wider African energy industry, the African Energy Chamber commended TotalEnergies, its partners and the ANPG for completing the deal. It described the extension as an important milestone for the long-term production strategy of Angola.
Beyond the extended license, the contract outlines the potential of using 2024’s “Incremental Production Initiative” to drive output. As a result, the agreement reinforces Angola’s position as an increasingly competitive and stable upstream market while illustrating the effectiveness of national policy reforms created to attract reinvestment.
Block 32 is among Angola’s largest producing assets and has been running since 2018. The block houses the ultra-deep-water project Kaombo, which has a production system encompassing two floating production, storage and offloading (FPSO) units and six fields.
You may also interested in:
Chevron to build on Venezuela position
US-based oil major Chevron has announced that it is extending its operations in Venezuela after securing new terms for its joint ventures.
TotalEnergies appoints new marketing and services president
France-based TotalEnergies has announced the immediate appointment of Emmanuelle Guégan as president for marketing and services.