KUALA LUMPUR, May 21 (Bernama) — PETRONAS Angola E&P Ltd (PETRONAS Angola E&P), a subsidiary of PETRONAS, and its partners TotalEnergies EP Angola Block 20 (TotalEnergies) and Sonangol Pesquisa e Produção S.A. (Sonangol P&P) have reached the Final Investment Decision (FID) to develop the Cameia and Golfinho fields in Block 20/11, located 100 kilometres offshore Angola.
PETRONAS Angola E&P holds 40 per cent participating interest in the block, while the operator TotalEnergies also holds 40 per cent, and Sonangol P&P holds the remaining 20 per cent.