TotalEnergies’ Acacia-5 Discovery in Angola Set to Add 6,000 bpd as Company Expands Offshore Exploration Footprint
French energy major TotalEnergies has announced a new offshore oil discovery in Angola, with the Acacia-5 find on Block 17 expected to add approximately 6,000 barrels per day to production within the coming months.
The company, which operates Block 17 with a 38% stake, said it plans to bring the discovery online through existing capacity at the Pazflor floating production, storage and offloading (FPSO) vessel.
First oil is expected within three months of the June 2026 discovery, allowing for a rapid and cost-effective development.
Acacia-5 marks TotalEnergies’ second exploration success in Angola this year, following an earlier discovery on Block 0, where the company holds a 10% non-operated interest alongside Chevron.
The latest find reinforces the continued potential of Angola’s offshore sector, particularly as operators increasingly leverage existing infrastructure to accelerate project development and improve economics.
Alongside the discovery, TotalEnergies is expanding its exploration footprint in the country.
The company has signed agreements to acquire interests in offshore Blocks 17/25 and 32/21 in the Lower Congo Basin, where it will hold a 40% operated stake in each licence.
The two blocks are located close to existing production facilities and six FPSOs, a strategic advantage that could enable any future discoveries to be tied into existing infrastructure, reducing both development timelines and capital costs.
Earlier in 2026, TotalEnergies also signed a Head of Agreement with ExxonMobil to acquire a 35% interest in exploration Blocks 40, 41, 42 and 58 in the Benguela Basin through a farm-in arrangement.
The agreement further strengthens the company’s position in Angola’s upstream sector as it pursues new exploration opportunities across several offshore basins.
The Acacia-5 discovery comes as Angola continues efforts to sustain oil production through a combination of near-field exploration, infrastructure-led developments and new licensing opportunities designed to attract fresh investment into the country’s petroleum industry.
While the new Lower Congo and Benguela Basin blocks remain exploration assets rather than confirmed discoveries, they provide TotalEnergies with additional opportunities to expand its resource base in one of Africa’s most established offshore oil provinces.
