TotalEnergies plans to fast-track development of a new oil discovery offshore Angola while expanding its exploration footprint in the Lower Congo basin.

Patrick Pouyanné, chairman and chief executive officer of TotalEnergies, outlined the plans at the Angola Oil & Gas Conference in Luanda last week.

The company discovered oil at Acacia-5 on Block 17, where it holds a 38% operated interest, and plans to develop the accumulation through available capacity on the Pazflor floating production, storage, and offloading vessel (FPSO). First oil is expected just 3 months after the June 2026 discovery, TotalEnergies said. Once online, Acacia-5 is expected to increase Block 17 production by 6,000 b/d.

Acacia-5 marks the second exploration success reported across TotalEnergies' Angolan portfolio this year. The company also holds a 10% interest in Block 0 in the Lower Congo basin, where Chevron, operator, discovered oil and condensate earlier this year.

Expanding its position offshore Angola, TotalEnergies signed agreements with concessionaire Agência Nacional de Petróleo, Gás e Biocombustíveis (ANPG) to acquire a 40% operated interest in exploration Blocks 17/25 and 32/21 in the Lower Congo basin. The company said the blocks benefit from extensive existing 3D seismic coverage and access to multiple prospective geological plays.

The acreage is located near producing infrastructure in TotalEnergies-operated Blocks 17 and 32, where six FPSOs are in operation, offering potential future tiebacks and lower-cost development opportunities.

In February, TotalEnergies also signed a head of agreement with ANPG and ExxonMobil to farm into exploration Blocks 40, 41, 42, and 58 in the Benguela basin with a 35% interest.