The Kaminho project, operated by TotalEnergies (40%) in partnership with Petronas (40%) and Sonangol (20%), is the first major deepwater development in Angola’s Kwanza Basin. Located 100 km offshore at 1,700 m water depth, it targets the Cameia and Golfinho fields via a converted VLCC-to-FPSO unit, set to begin production in 2028 with a plateau of 70,000 barrels/day. The $6 billion project emphasizes sustainability, featuring an all-electric FPSO with zero routine flaring and reinjection of associated gas, aiming for a carbon intensity of 16 kg CO₂e/barrel236.

Key Contracts & Local Impact

• Saipem secured $3.7 billion in contracts for:
  • FPSO conversion, commissioning, and 12-year O&M (extendable to 20 years)17.
  • SURF package: 30 km of 8”/10” flowlines, risers, and umbilicals, fabricated at Saipem’s Ambriz yard16.
• SLB OneSubsea awarded a contract for 13-well subsea production systems4.
• Local content: Over 10 million man-hours in Angola, boosting employment and supply chains

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