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TotalEnergies Expands Angola Offshore Strategy as Martin Deffontaines Returns to Angola Oil & Gas (AOG) 2026

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TotalEnergies

TotalEnergies is spearheading a diverse investment approach in Angola, targeting frontier opportunities while scaling brownfield production

Martin Deffontaines, Country Manager for Angola at energy major TotalEnergies has been confirmed as a speaker at the Angola Oil & Gas (AOG) Conference and Exhibition – taking place September 9­­–10 with a pre-conference day on September 8. His participation comes at a pivotal time for the company as it expands its offshore strategy and is expected to provide insight into how one of the industry’s leading operators is positioning itself for Angola’s next phase of offshore growth.

TotalEnergies is driving a multi-faceted exploration and production strategy in Angola, balancing brownfield optimization with frontier exploration and large-scale deepwater developments. As one of the country’s biggest oil producers, the company’s recent investments signal a long-term commitment to the market as well as its broader ambitions to support Angola’s goals of sustaining production above one million barrels per day (bpd).

At the core of this strategy is unlocking additional value from producing assets. Just this month, the company signed a Principles Agreement with the National Oil, Gas & Biofuels Agency (ANPG) to extend its license for Block 32 to 2043. The agreement establishes the general terms for the continuous development of the block, while outlining the possible application of the Incremental Production Decree to bolster production. Block 32 is one of the country’s biggest producing assets, covering six fields and featuring the Kaombo project.

Beyond operational assets, TotalEnergies is pursuing new frontiers in Angola. The company signed an agreement in March 2026 with the ANPG and ExxonMobil for the allocation of four blocks in the Benguela and Namibe Basins – namely 40, 41, 42 and 58. The agreement lays the foundation for the signing of the respective contracts for the blocks. This follows another agreement signed in 2025 between TotalEnergies, ExxonMobil and the ANPG for the study and evaluation of the Free Areas of Blocks 17/06 and 32/21 – two of the country’s longest-producing assets. The agreement aims to identify new leads across the blocks, supporting future production growth.

The company’s ongoing project portfolio further highlights the scale of its ambitions in Angola. Central to this is the Kaminho deepwater project – the first major deepwater development in the Kwanza Basin. Representing a $6 billion investment, the project is expected to produce approximately 70,000 bpd through an FPSO designed with lower-emission technologies. FID was reached in 2024, with production on track for 2028. Kaminho builds on TotalEnergies recent project momentum, which saw two offshore projects start operations in 2025. The Begonia and CLOV Phase 3 developments added 60,000 bpd to the company’s Angolan portfolio, cementing its position as a major operator.

Deffontaines’ participation at AOG 2026 comes as these themes move to the forefront of Angola’s oil and gas agenda. As one of the country’s largest international investors, TotalEnergies continues to shape discussions around production sustainability, exploration strategy and offshore project economics. His presence at the event underscores both the scale of the opportunity and the growing international confidence in Angola’s deepwater market.

 

Distributed by APO Group on behalf of Energy Capital & Power.

Energy

Dietsmann Brings its Energy Maintenance and Robotics Expertise to African Energy Week (AEW) 2026

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African Energy Chamber

After decades keeping Africa’s oil, gas and power plants running, Dietsmann is bringing robotics and AI to the center of its work

CAPE TOWN, South Africa, June 12, 2026/APO Group/ –Dietsmann, the independent specialist in operation and maintenance (O&M) services for energy production facilities, will participate as a Bronze Sponsor at African Energy Week (AEW) 2026 – taking place from October 12-16 in Cape Town. The sponsorship deepens a presence in African energy that stretches back decades and reflects the company’s growing role in the policy conversation after it joined the African Energy Chamber (https://EnergyChamber.org) earlier this year.

 

Dietsmann’s participation at AEW 2026 reflects the growing role of specialist maintenance contractors in Africa’s energy industry. With much of the continent’s production now coming from mature fields, the contractors that keep those facilities running reliably and at lower cost have become more important than ever. Dietsmann has built its position over more than four decades, maintaining oil, gas and power plants across Angola, Nigeria, Gabon, Libya, Uganda and South Sudan, often in demanding offshore and remote environments.

The company’s expertise is also on display in the Republic of Congo, where industrial maintenance is its core business. There it maintains TotalEnergies’ offshore production facilities and services the 484 MW gas-fired Centrale Électrique du Congo, one of the country’s main power plants. In Angola, it has operated since 2000 through Sonadiets, a joint venture with Sonangol that was among the first of its kind between an African national oil company and a maintenance specialist.

Dietsmann knows that reliable operations are the foundation of energy security

Dietsmann also prioritizes workforce development in parallel to its technical work. The firm has organized local training programs in all its African host countries since the early 2000s, building maintenance skills among national employees through dedicated training centers and on-the-job campaigns. Its approach aligns closely with the local-content priorities that are defining this moment in African energy policy.

Maintenance itself is being reshaped by technology, and Dietsmann is among the contractors leading the shift across Africa. In partnership with the robotics firm Taurob, the company has deployed autonomous inspection robots, including ATEX-certified units built for hazardous environments, and is integrating drones and AI-based analytics to move maintenance from reactive repairs toward predictive monitoring.

The company’s CEO Cesare Canevese has carried a consistent message into African energy circles: reliable maintenance, digitalization and local skills are non-negotiables for continental energy security. He also notes that Dietsmann’s expertise travels across the energy transition, as the fundamentals of maintaining a facility change little whether it produces oil, gas or power – readying the company for work on Africa’s growing gas-to-power and LNG projects.

“Dietsmann knows that reliable operations are the foundation of energy security,” said NJ Ayuk, Executive Chairman of the African Energy Chamber. “Pairing decades of field experience with new technology and local skills development is how Africa keeps its existing assets producing for longer.”

As a Bronze Sponsor at AEW 2026, Dietsmann is expected to feature in discussions on operational reliability, local content and the digital technologies reshaping how Africa maintains its energy infrastructure.

Distributed by APO Group on behalf of African Energy Chamber.

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Energy

How Angola Made Local Content a Strategic Pillar of its Oil & Gas Sector

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African Energy Chamber

NJ Ayuk’s latest book, “Crude Oil: Power, Turnaround and Transformation in Angola,” illustrates how embedding local content as a core policy priority can reshape an entire energy ecosystem – from finance to skills development and indigenous enterprise growth

Across Africa, local content has long been treated as a compliance requirement, added onto projects rather than built into them. Angola is charting a different course, positioning local participation as a central driver of long-term value. As NJ Ayuk explores in his newly released Crude Oil: Power, Turnaround and Transformation in Angola, the country is redefining the role of indigenous companies within its oil and gas sector – and, in doing so, reshaping the industry itself.

 

This shift is part of a broader reform agenda. After years of declining production and reduced upstream investment, Angola moved to restore competitiveness, not just through fiscal reforms, but by rethinking how value is created and retained domestically.

A turning point came with Presidential Decree 271/20 in October 2020. The law strengthened and expanded local content requirements, making Angolan participation fundamental to the sector’s future. As President João Lourenço emphasized, the framework is designed to “aid in wealth creation and the promotion of economic diversification” while increasing the role of Angolan-owned companies.

At the institutional level, regulators such as the National Agency for Petroleum, Gas and Biofuels (ANPG) and the Petroleum Derivatives Regulatory Institute (IRDP) have embedded local content provisions into contracts, ensuring that international operators integrate local firms into their core operations.

At the same time, a supporting ecosystem has taken shape. Industry bodies like Angolan Indigenous Oil & Gas Service Companies Association (ASSEA) and the Association of Service Providers of the Angolan Oil & Gas Industry (AECIPA) are helping indigenous companies scale and compete, while demand for local services continues to rise. As AECIPA President Bráulio de Brito puts it in the book, “rather than companies coming in and looking for people, they are looking for companies.” Angolan firms are no longer acting as intermediaries, but taking on a more direct and substantive role as essential service providers.

Rather than companies coming in and looking for people, they are looking for companies

State-owned Sonangol has reinforced this trajectory by prioritizing domestic supply chains and capacity-building. Across the sector, stakeholders – from regulators to operators – are aligning around a shared goal: building Angolan capability at scale.

The impact is increasingly visible. Local companies are securing contracts across the value chain, from chemical supply and offshore services to inspection and certification. These roles point to a growing presence of local companies in the core operations of the industry.

The role of finance is equally critical, as Ayuk notes in Crude Oil. By extending local content requirements to the banking sector, Angola has addressed one of the key barriers to participation: access to capital. Domestic banks can now co-finance projects and support oilfield service providers. Institutions such as Banco BCS are offering tailored solutions – from factoring to foreign currency payments – enabling local companies to compete more effectively.

Meanwhile, partnerships with international oil companies are increasingly focused on knowledge transfer. Training programs, STEM initiatives and workforce development efforts led by operators such as ExxonMobil and TotalEnergies are helping build a more skilled, inclusive talent base, ensuring local content extends beyond ownership to expertise.

As Angola’s Minister of Mineral Resources, Oil & Gas Diamantino Azevedo has emphasized, local content is about integrating Angolan businesses into the sector, promoting technology and fostering competitive markets. It is, in effect, a tool for broader economic diversification, with spillover effects across industries from logistics to construction.

According to Ayuk, the rise of companies like Etu Energias – Angola’s largest private oil company – underscores what this model can deliver. With ambitious growth targets and an expanding portfolio, it represents a new generation of indigenous firms moving from participation to leadership.

Angola’s experience offers a clear lesson: local content works best when it is intentional, enforced and backed by institutions and capital. By embedding it at the heart of its oil and gas strategy, Angola is not only strengthening its industry, but redefining who benefits from it.

Crude Oil: Power, Turnaround and Transformation in Angola is now available for purchase. Buy the book on Amazon (https://apo-opa.co/4olvqAF)

Distributed by APO Group on behalf of African Energy Chamber.

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Energy

Venezuela Energy Week 2026 to Define New Investment Pathways as Hydrocarbons and Power Sector Reforms Move into Implementation

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Etu Energias

Venezuela Energy Week will serve as a key platform for clarifying how international capital can re-enter the hydrocarbons and power sectors through evolving operational and financial structures

CARACAS, Venezuela, June 10, 2026/APO Group/ –Venezuela Energy Week (VEW) 2026 is set to become a focal point for how the country’s hydrocarbons reforms are translating from policy into practice, as government stakeholders, PDVSA and international operators work to define the practical routes for investment entry into the oil and gas sector. With reforms now moving into implementation, attention is shifting from regulatory design toward the mechanisms that will determine how participation is structured, financed and sustained.

 

Venezuela’s current framework is being operationalized through a limited set of established and negotiated channels, including participation in PDVSA joint ventures, crude-backed repayment structures and production-linked agreements tied to existing oilfields. International operators such as Chevron, for instance, remain active within existing joint venture structures, including Petropiar in the Orinoco Belt and Petroboscán in western Zulia, which continue to underpin production and export activity under PDVSA-led arrangements.

Alongside joint venture activity, crude-based repayment mechanisms are becoming an increasingly important financial pathway for foreign participation. These arrangements – including crude-for-debt structures and production-linked repayment agreements – allow international partners to recover value through physical oil cargoes or allocated output rather than conventional financial transfers.

Companies such as Repsol and Eni have operated within similar frameworks, where repayment structures effectively shape cash flow recovery, exposure management and the timing of capital return. However, these mechanisms continue to operate under constraints, including delayed settlements, non-standard payment schedules and ongoing uncertainty around contract enforcement, all of which continue to weigh on long-term reinvestment planning. VEW 2026 will help stakeholders assess how these frameworks can be refined to improve predictability, strengthen implementation and support more scalable and sustained investment participation.

Beyond hydrocarbons, Venezuela is beginning to open selective pathways in the power sector. Recent policy discussions and incremental reforms have pointed toward greater private participation in electricity generation, alongside early-stage efforts to improve operational efficiency across the grid and expand space for independent power producers. While still in a gradual phase of liberalization, these developments suggest an additional entry point for international and regional investors, particularly in generation, infrastructure rehabilitation and distributed energy solutions.

As reforms progress, VEW 2026 will serve as a key platform for aligning policy intent with operational realities, bringing together public and private stakeholders to assess how existing mechanisms are functioning in practice and where adjustments may be needed. Key issues such as payment timing, contractual enforcement and risk allocation remain central to the investment environment, shaping whether current frameworks can support scalable reinvestment or remain limited to sustaining baseline production. Beyond policy direction, the event will help clarify investment entry points and how capital can be deployed across both hydrocarbons and emerging power sector opportunities.

Distributed by APO Group on behalf of Energy Capital & Power.

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