Total Announces Angola’s Deep Offshore BBLT Comes on Stream

Total announced that the Belize field, part of Angola’s deep offshore BBLT (Benguela-Belize-Lobito-Tomboco) Development, has been brought on stream in Block 14. Total has a 20% interest in BBLT, alongside Chevron (operator), Sonangol, Eni and GALP. Located 80 kilometers offshore in nearly 400 meters of water, the BBLT Development, including the first phase of the Belize and Benguela fields, comprises an integrated drilling and production platform hub facility, supported by a Compliant Piled Tower (CPT), with tieback to the Lobito-Tomboco subsea wells. BBLT’s combined production is forecast to peak at 200,000 barrels per day.

Total is a leading operator in the fast-growing Angolan oil industry. The Group is forecasting a significant increase in its production, thanks to the ramping up of output from Block 17—where current production of more than 240,000 barrels per day from Girassol and Jasmim is expected to double when Dalia is brought on stream in 2006—and the potential of the very deep offshore Block 32, in which four discoveries have already been made.