TotalEnergies announced an oil discovery at the Acacia-5 well on Block 17 in offshore Angola, marking the company's second exploration success in the country in 2026.
TotalEnergies holds a 38% operating interest in Block 17. The discovery comes three months after it was announced and is scheduled to begin production in September 2026, drawing on existing capacity at the Pazflor floating production, storage and offloading (FPSO) vessel. The company said the new well is expected to add approximately 6,000 barrels per day to Block 17's output.
Block 17 is operated by TotalEnergies alongside partners Equinor, which holds a 22.16% stake, ExxonMobil with 19%, Azule Energy with 15.84%, and state-owned Sonangol E&P with 5%.
In a separate development, TotalEnergies signed agreements with Angola's national petroleum agency, ANPG, to take on a 40% operating interest in Blocks 17/25 and 32/21. ExxonMobil will hold a matching 40% stake, with Sonangol E&P taking 20% in those blocks, also located in the Benguela Basin.
TotalEnergies operates both Block 17 and Block 32 in Angola, where six FPSOs are currently in production. The group has maintained an operational presence in the country since 1953.
Acacia-5 is TotalEnergies' second discovery in Angola this year. Earlier in 2026, the company reported a find on Block 0, where it holds a 10% interest alongside Chevron, which operates the block, Sonangol E&P, and Azule Energy.
In 2025, TotalEnergies produced 156,000 barrels of oil equivalent per day in Angola, underscoring the country's continued importance to the French energy giant's upstream portfolio.
