Total launches the development of Kaombo, an ultra-deep project offshore Angola

摘要

Total and its joint venture partners have made the final investment decision to develop the ultra-deep offshore Kaombo project in Angola. With a production capacity of 230,000 b/d, Kaombo will develop estimated reserves of 650 million b. Following an intensive optimization exercise, the project's capital expenditure to reach full capacity was reduced by US$ 4 billion to US$ 16 billion, with an expected start-up in 2017.