Statement re Dalia Field
Total S.A.
29 March 2007
Dalia Field Officially Inaugurated in Angola
'A new global technological benchmark'
Christophe de Margerie, Chief Executive Officer of Total
Paris, March 29, 2007 - Angola's Petroleum Minister, Desiderio Costa, officially
inaugurated the deep offshore Dalia field at a ceremony also attended by Manuel
Vicente, Chairman of Sonangol (Sociedade Nacional de Combustiveis de Angola),
and Christophe de Margerie, Chief Executive Officer of Total.
Located in the prolific Block 17, home to 15 discoveries, Dalia came on stream
in December 2006. Production already exceeds 200,000 barrels per day and is
expected to reach 240,000 barrels per day in the very near future.
Dalia is a new global technological benchmark, a milestone in the history of
deepwater oil development,' said Christophe de Margerie. 'We are extremely proud
of this success story, which once again demonstrates Total's commitment to
supporting the long-term growth of Angolan output and the quality of its teams.
We would like to thank the Angolan government, Sonangol, the Block 17 partners
and the contractors, all of whom share the credit for the project.'
With proved and probable reserves estimated at close to 1 billion barrels, Dalia
represented a total investment of more than $4 billion. The field comprises 71
wells - 31 for water injection, three for gas injection and 37 producers tied
into nine manifolds. The oil is pumped to a 300-metres-long, 60-metres-wide
floating production storage and offloading (FPSO) vessel that can process
240,000 barrels per day of oil and has a storage capacity of 2 million barrels.
Located 135 kilometres offshore in water depths ranging from 1,200 to 1,500
metres, Block 17 is Total's main asset in Angola. It comprises four major areas:
Girassol and Dalia, both in production; Pazflor, which is in the final bidding
process before sanction; and CLOV, a fourth major production area based on the
Cravo, Lirio, Violeta and Orquidea discoveries, whose development is currently
being studied. Future production from these fields will come in addition to the
500,000 barrels per day that will be pumped by summer 2007.
Sonangol is the Block 17 concessionaire. Total E&P Angola, operator, has a 40%
interest in Block 17, alongside partners Esso Exploration Angola (Block 17)
Limited (20%), BP Exploration (Angola) Ltd, (16.67%), Statoil Angola Block 17 AS
(13.33%) and Norsk Hydro Dezassete a.s. (10%).
Total is one of the world's major oil and gas groups, with activities in more
than 130 countries. Its 95,000 employees put their expertise to work in every
part of the industry - exploration and production of oil and natural gas,
refining and marketing, gas trading and electricity. Total is working to keep
the world supplied with energy, both today and tomorrow. The Group is also a
first rank player in chemicals. www.total.com
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