CWC
CWC

ENI Chases New Oil in Proven Angolan Block

Following its discovery of Kalimba 1 in June 2018, Italian major ENI set up an accelerated exploration programme in Angola’s Block 15/06, where it already has some producing fields.

The company commenced a drilling campaign involving four (4) exploration wells.

In the event of success, this strategy will enable a fast-track development of these new resources, leveraging on synergies with existing infrastructure and significantly reducing their time-to-market.

In the first week of November 2018, ENI has signed, with state hydrocarbon company  Sonangol, an amendment of Block 15/06 Production Sharing Contract which defines the new perimeter of the block, now covering an additional area of 400 km2 on the west side.

The company says it increased production by 50,000BOEPD in the course of 2018 and is hoping to reach a peak of 170, 000BOEPD by early 2019.

Block 15/06 (ENI Angola SpA 36.84% Operator, Sonangol P&P 36.84%, SSI 26.82%) is located approximately 130 km west of Soyo, in water depths ranging from 200 metres to 1,800 metres. The developed fields Sangos, Cinguvu, Mpungi, Ochigufu e Cabaça S.E. are tied back to the two FPSOs installed in the block, Ngoma and Olombendo, with an overall oil treatment capacity of 200,000BOPD. Ngoma and Olombendo FPSO started production in November 2014 and February 2017 respectively.

 

 



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