French oil and gas company Total has started production on the Kaombo Sul floating, production, storage and offloading (FPSO) unit at the Kaombo project offshore Luanda in Angola.
Norway-based oil exploration and development firm Det norske oljeselskap has agreed to acquire Marathon Oil Norge for NOK12.6bn ($2.1bn) and Total is set to sell its 15% participating interest in the Angola offshore block 15/06 for $750m to Sonangol.