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Wednesday 30 May 2018

Total makes final investment decision on Zinia 2 development




Total SA and its partners have taken the final investment decision to launch the Zinia 2 deep offshore development in Block 17, 150 kilometres offshore Angola.
The Zinia 2 project will have a production capacity of 40,000 barrels per day (b/d), 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 (FPSO) units.
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 US$1.2 billion.
Total operates the Block 17 with a 40 percent interest, alongside affiliates of Equinor (23.33 percent), ExxonMobil (20 percent), and BP (16.67 percent). Sonangol is concessionaire. It has four FPSOs — Girassol, Dalia, Pazflor and CLOV. In 2017, its production averaged 600,000 b/d.

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