Total Launches CLOV Development on Angola Block 17

Partners have approved development of the CLOV project, allowing for drilling to commence in 2012 and first oil to be reached in 2014. The CLOV development consists of four fields: Cravo, Lirio, Orquidea and Violeta, located offshore Angola in Block 17. A total of 34 wells will be tied-back to the CLOV FPSO, which will have a processing capacity of 160,000 bopd at plateau and a storage capacity of 1.78 million barrels. The FPSO will have the ability to handle two types of oil – light oil with an API gravity between 32 to 35 degree from Oligocene reservoirs, and a 20 to 30 degree API gravity oil from Miocene reservoirs. Both oil streams will be combined and processed in one single train before storage. Total's Angolan subsidiary, Total E&P Angola, is the operator of Angolan Block 17 with a 40% interest. Partners in the license include Statoil with a 23.33% interest, Esso Exploration Angola with a 20% interest and BP Exploration Angola with a 16.67% interest.

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