ExxonMobil, Partners Sign PSC Extension for Block 17, Offshore Angola

Energy major Exxonmobil and its partners have signed a production sharing contract (PSC) extension for Block 17, offshore Angola.

The PSC was signed by ExxonMobil; oil and gas corporation TotalEnergies; petroleum company Equinor; Azule Energy, a 50/50 joint venture between energy majors bp and Eni; and Angola’s state-owned Sonangol.

“As a partner, we have witnessed firsthand the significant contribution that Block 17 has made to Angola’s oil and gas industry,” stated Katrina Fisher, President, ExxonMobil Angola.

The renewed PSC enables the ongoing use of existing infrastructure and technical expertise to maximize value from mature oilfields, including the block’s four major hubs Girassol, Dalia, Pazflor and CLOV.

Energy Capital & Power spoke with Fisher on ExxonMobil’s projects and history in Angola during the Angola Oil & Gas 2024 conference in Lunda: