TotalEnergies advances Angola exploration with Acacia‑5 discovery and new operated blocks

Key highlights
  • Acacia‑5 discovered on Block 17 in June 2026; First Oil targeted three months after discovery and will add 6,000 barrels per day.
  • TotalEnergies holds a 38% operated interest in Block 17, alongside Equinor (22.16%), ExxonMobil (19%), Azule Energy (15.84%) and Sonangol E&P (5%).
  • TotalEnergies will enter as operator with a 40% interest in exploration Blocks 17/25 and 32/21, located close to existing operated hubs and supported by extensive 3D seismic coverage.
  • In February 2026 TotalEnergies signed a Head of Agreement with ANPG and ExxonMobil to farm‑in with a 35% interest into Blocks 40, 41, 42 and 58 in the Benguela Basin.

Acacia‑5 discovery and fast‑track development

TotalEnergies (38%, operator) announced the Acacia‑5 discovery on Block 17. First Oil will be achieved three months after the June 2026 discovery by fast‑tracking development using available capacity on the Pazflor FPSO; Acacia‑5 is expected to increase Block 17 production by 6,000 barrels per day.

Second 2026 exploration success

Acacia‑5 is the company's second exploration success in Angola in 2026, following a recent discovery on Block 0 where TotalEnergies holds a 10% interest alongside Chevron (39.2%, operator), Sonangol E&P and Azule Energy.

Entry into new exploration blocks

TotalEnergies signed agreements with ANPG to enter as operator with a 40% interest in Blocks 17/25 and 32/21, which benefit from extensive existing 3D seismic coverage and proximity to operated facilities, allowing for potential future tie‑backs to nearby FPSOs. In February 2026 the company also signed a Head of Agreement with ANPG and ExxonMobil to farm‑in with a 35% interest into Blocks 40, 41, 42 and 58 in the Benguela Basin.

Partner structure

Block 17 partners are TotalEnergies (38% operator), Equinor (22.16%), ExxonMobil (19%), Azule Energy (15.84%) and Sonangol E&P (5%). For Blocks 17/25 and 32/21 TotalEnergies will hold 40% operated alongside ExxonMobil (40%) and Sonangol E&P (20%).

Source: TotalEnergies

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