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Cobalt International Energy, Inc. Provides Update On its West Africa Drilling Program
Cobalt International Energy, Inc. (“Cobalt”) (NYSE:CIE) today provided the following update on its West Africa drilling program.

Pazflor, one of the world’s largest ever deepwater development, comes on stream in Angola
Total, operator of Block 17, today announced that the giant Pazflor field offshore Angola has come on stream ahead of the initial schedule. The Pazflor field lies 150 kilometres off Luanda in water depths ranging from 600 to 1,200 metres and has estimated proved and probable reserves of 590 million barrels. The field will gradually ramp up to its full production capacity of 220,000 barrels per day over the coming months.

Total Angola: Third oil discovery on deep offshore Block 17/06
Total announces that its subsidiary, TEPA (Block 17/06) Limited, and Sociedade Nacional de Combustíveis de Angola (Sonangol E.P.), have discovered hydrocarbons in the north-eastern area of the deep offshore block 17/06.

ExxonMobil Recognized for Industry-Leading Approach to Develop Angola Deepwater Projects
The Offshore Technology Conference (OTC) presented ExxonMobil Development Company with a special citation for the development and implementation of the “Design One, Build Multiple” strategy that successfully delivered large-scale deepwater projects offshore Angola on Block 15 that achieved peak production of over 700,000 barrels of oil per day.

Maersk Oil to buy Devon Energy’s 15% interest in Angola Block 16
Maersk Oil, a fully owned subsidiary of A.P. Møller – Mærsk A/S, has agreed to acquire a 15% interest in Block 16 in Angola from Devon Energy for an initial payment of USD 70 million and future contingent considerations. The agreement is subject to closing conditions including government approval.

Eni awarded operatorship of Block 35 in deepwater offshore Angola
Eni announces today that it has been awarded participation and operatorship of Block 35 by the Angolan Juri for the bid round, composed of representatives from the Ministry of Petroleum, Sonangol and the Ministry of Finance. The block is located in deepwater offshore Angola, 150 km off the coast of Luanda. Block 35 covers 4.831 square km of potential pre-salt mining acreage.

Statoil identified for pre-salt operatorships in Angola
The national oil company Sonangol has publicly announced that the Angolan jury of the bid rounds has elected Statoil for operatorship and participation in several pre-salt blocks offshore Angola.
Statoil has submitted its proposal as part of the pre-salt restricted public bid round organised by Sonangol for access to pre-salt acreage in the Kwanza Basin in Angola. Statoil’s proposal includes operatorship of Blocks 38 and 39 and participation in Blocks 22, 25 and 40 with a comprehensive work program and a signature bonus for each block.

Cobalt Energy, Announces Conditional Award of Working Interest Position and Operatorship of Block 20 Offshore Angola
Cobalt International Energy, Inc. (“Cobalt”) (NYSE: CIE) announced today that it has been conditionally awarded a 40% working interest and has been indicated as operator of Block 20 offshore Angola. Eight other companies submitted bids to obtain a working interest in the block as part of Angola’s Pre-salt Licensing Bid Round.

Total Awards $80 Million Subsea Production System Option 3 of Girassol Resource Initiative to FMC Technologies
FMC Technologies, Inc. (NYSE: FTI) announced today that it has signed an agreement (Option 3 - Girassol Infills) with Total Exploration & Production Angola for the manufacture and supply of subsea production equipment to support the Girassol Resource Initiative (GirRI) project. The award has a value of approximately $80 million in revenue to FMC Technologies. The GirRI project has now reached a cumulative value of approximately $180 million in revenue to FMC.

Technip awarded umbilical contracts in Angola
Technip announces that a consortium comprising two of its subsidiaries, Angoflex Ltda (owned jointly with Sonangol) and DUCO Ltd., has been awarded by Acergy Angola S.A. and Acergy West Africa S.A.S. major umbilical* contracts for the CLOV field development. This field is located in Block 17 offshore Angola in water depths down to 1,410 meters. The development operator is Total E&P Angola.