ExxonMobil to Redevelop Angola Block 15
American multinational oil and gas corporation ExxonMobil and its partners said that they will further invest in Block 15 offshore Angola to increase production as part of an agreement with Angola’s recently established National Agency for Petroleum, Gas and Biofuels.As part of the agreement, Sonangol, Angola’s state oil company, will receive a 10% equity interest, said…
Eni Makes Major Oil Find Offshore Angola
Italian oil major Eni said on Wednesday it has made a major discovery in Block 15/06, in the Agogo exploration prospect, in the deep waters offshore Angola.The find is Angola's largest offshore discovery in years. Eni said the discovery is estimated to contain between 450 and 650 million barrels of light oil with further upside.The discovery was made in the Agogo-1 NFW well…
Eni Spuds New Vandumbu Well in Angola
Italian oil company Eni said that it has successfully launched a new production well in the Vandumbu field, about 350 km north-west of Luanda and 130 km west of Soyo, in the West Hub of Block 15/06, in Angola’s offshore.According to a press release, the start-up of the VAN-102 well – which follows the start-up of the second Subsea Multiphase Boosting System (SMBS) – took place through the N'Goma FPSO and achieved a performance of about 13…
Eni Makes New Oil Find Offshore Angola
Italy's Eni said it ha struck a new oil discovery in the Afoxé exploration prospect located in Block 15/06, offshore Angola.The discovery, estimated to contain between 170 and 200 million barrels of light oil in place, was made in the Afoxé-1 NFW well located in the southeast area of Block 15/06, approximately 120 kilometers off the coast, 50 kilometers southwest from the Olombendo floating production…
Eni Starts Production at Vandumbu Field
Italy's Eni said it has started production from the Vandumbu field in Block 15/06 through West Hub N’Goma floating production, storage and offloading unit (FPSO).Block 15/06 is located approximately 350 kilometers northwest of Luanda and 130 kilometers west of Soyo, Angola.Eni said first oil from the Vandumbu field was achieved in late November, three months ahead of schedule.This…
Eni CEO Claudio Descalzi Meets Angola's president
Eni president Claudio Descalzi has met Angola's president Joao Goncalves Lourenco in Luanda to discuss the Italian energy giant's operations in the country.During the meeting with President João Lourenço, Claudio Descalzi said that they discussed the participation of the Italian multinational in the studies and exploration of crude oil and in other sector-related projects.ENI…
Bumi Armada Berhad Names Its News FPSO
Bumi Armada Berhad, Malaysia-based international offshore energy facilities and services provider celebrated the naming ceremony of the Armada Olombendo Floating Production Storage and Offloading (FPSO) last weekend. Armada Olombendo FPSO represents Bumi Armada’s largest FPSO and it will operate in Angola on Block 15/06, East Hub, a wide area of 2,984 square-kilometer (km2) in the Angolan deep offshore…
Statoil Strengthens its position in Uruguay
Statoil has signed a farm-in agreement with Tullow to acquire a 35% working interest in offshore exploration block 15 in the Pelotas basin, deepening its position in Uruguay. "With this transaction, we are increasing our exposure to the upside potential of this untested geological setting. This is in line with Statoil' exploration strategy of access at scale," says Nicholas Alan Maden, senior vice president of Exploration.
Technip Wins Umbilical Supply Order
Technip’s wholly-owned subsidiaries Technip Umbilicals Ltd. awarded a contract by ENI S.p.A. to supply umbilicals to the Block 15/06 East Hub Development offshore Angola. This field is located approximately 350 kilometers north of Luanda, at water depths of 450-600 meters. The contract covers project management and manufacture of about 15 kilometers of dynamic and static steel tube umbilicals.
ExxonMobil Begins Production at Kizomba
Exxon Mobil Corporation announced today that its subsidiary, Esso Exploration Angola (Block 15) Limited (Esso Angola), has started oil production ahead of schedule at the Kizomba Satellites Phase 2 project offshore Angola. Kizomba Satellites Phase 2 is a Block 15 subsea infrastructure development of the Kakocha, Bavuca and Mondo South fields. Mondo South is the first field to begin production…
Eni Starts Production from Cinguvu Field, offshore Angola
Eni started production two weeks ahead of schedule at the Cinguvu oil field, from the West Hub Development Project in Block 15/06 in the Angolan Deep Offshore, approximately 350 kilometers northwest of Luanda and 130 kilometers west of Soyo. The start-up follows the achievement of West Hub’s first oil through Sangos field start-up, during last November 2014. The West Hub Development Project encompasses the development of Sangos…
Dyna-Mac to Build FPSO Topsides for Armada Cabaca
Dyna-Mac has secured a Letter of Award (LoA) from Armada Cabaca Ltd. worth approximately $48 million (USD) for the construction of six FPSO topsides modules. Armada Cabaca Ltd, an affiliate of Bumi Armada Berhad (Bumi Armada), a Malaysia-based international oilfield services provider to the oil and gas industry, contracted Dyna-Mac for a scope of work including detailed…
N'Goma FPSO Producing & On Hire
SBM Offshore this morming received formal Production Readiness Notice (PRN) for N'Goma FPSO from client Eni, operator of Block 15/06 on behalf of the Joint Venture which also includes Sonangol Pesquisa e Produção, SSI Fifteen Limited and Falcon Oil Holding Angola SA. Following successful first oil in November 2014 and completion of the 72 hour continuous production test in early December 2014…
Eni Starts Production at Angola Oilfield
Eni has started production from an Angolan deep offshore field with daily output seen more than doubling to a maximum of 100,000 barrels in the coming months, the Italian oil group said in a statement on Monday. The West Hub Development Project currently produces 45,000 barrels per day. It is part of the Block 15/06, approximately 350 km northwest of Luanda and 130 km west of Soyo, Eni said.
Angolan Oil Output Squeezed by LNG Plant Closure
The lengthy shutdown of a liquefied natural gas (LNG) plant is helping push Angola's crude oil exports to their lowest levels since 2006, having clogged offshore platforms with unwanted gas supplies and forced operators to limit extraction. With few alternatives available to unblock oil flows, the highly polluting practice of burning off gas in flare stacks, which the plant was built to prevent…
Eni Finds Oil in Angola's Offshore Block 15/06
Italy's Eni said on Wednesday it had made a new oil discovery off the coast of Angola in what is one of the oil and gas group's key geographic areas for growth. Eni said it estimated the new deep water discovery in Block 15/06 contained 300 million barrels of oil in place. State-controlled Eni is the biggest foreign oil and gas producer in Africa and, under its new CEO Claudio Descalzi, is increasingly focusing its business on looking for hydrocarbons.
Exxon Mobil's Angola Project To Hit 160,000 Barrels
Exxon Mobil Corporation today announced the CLOV project in Angola started up on schedule and is expected to reach daily production capacity of 160,000 barrels in the coming months. CLOV is the fourth major development hub of Total-operated Block 17, after Girassol, Dalia and Pazflor. An ExxonMobil affiliate has a 20 percent working interest in CLOV, which will produce oil from the four fields of Cravo…
Statoil Adjusts Portfolio in Angola
Statoil is divesting its 5% participating interest in the ENI-operated block 15/06 offshore Angola to the concessionaire Sonangol E.P. The transaction, subject to customary closing conditions, includes a consideration of $200 million and an effective date of January 1, 2013. “This transaction is part of Statoil’s continued optimisation process to maximise value and focus financial and organisational capabilities to core assets.
Statoil Sells Angola Offshore Stake to Sonangol
Norwegian oil and gas firm Statoil sold its 5-percent stake in the ENI-operated block 15/06 offshore Angola to state oil firm Sonangol for a consideration of $200 million, the firm said on Monday. "The transaction will allow Statoil to unlock capital and contribute to improved financial flexibility going forward," Statoil sub-Saharan Africa senior vice-president Tove Stuhr Sjoeblom said in a statement. Reporting by Balazs Koranyi
Angola LNG Compressor Leak Delays Loading Program
A compressor leak at Angola's new liquefied natural gas (LNG) export plant has delayed loading programs and reduced output at the $10 billion project, which is due to shut for two months from July, a site manager said. Delays caused by a leaking valve at an air compressor unit has meant that LNG initially due to start being pumped aboard a waiting vessel on Tuesday this week has been pushed back to Monday next week.
