ExxonMobil Announces First Oil Production in Angola

Monday, December 10, 2001
Exxon Mobil Corporation announced today its first oil production in Angola with the start-up of the Girassol development in the deepwater offshore area known as Block 17. Girassol, operated by TotalFinaElf, is located approximately 125 miles (200 kilometers) northwest of Luanda in water depths of 4,500 feet (1,350 meters). The development consists of subsea wells tied back to a Floating, Production, Storage and Offloading (FPSO) vessel. The FPSO is capable of processing 200,000 barrels of oil per day and has a two million barrel storage capacity. A total of 39 subsea wells are planned, and drilling is expected to continue until 2003. Commenting on the Girassol start-up, Morris Foster, president, ExxonMobil Development Company, said, "We are pleased to participate in the successful start-up of this world-class development. It is an important milestone with a promising future for ExxonMobil in Angola. Production from this and other developments being planned in Angola will provide significant additions to ExxonMobil's liquids production to meet the world's future energy needs." In August 2001, ExxonMobil announced it had started construction of the largest deepwater development offshore West Africa. The $3 billion world-class Kizomba A project in Angola's Block 15 has recoverable resources of approximately one billion barrels of oil and target production of 250,000 barrels per day. First oil from Kizomba A is scheduled for late 2004. ExxonMobil has a leading position in nearly all the major exploration and production areas in the world. The company is also a leading holder of deepwater acreage in the world's most attractive deepwater regions, including West Africa where it has interests in 19 blocks totaling 18 million gross acres. In Angola, ExxonMobil holds interests in nine offshore deepwater blocks covering 11 million gross acres with a recoverable resource potential of more than 7.5 billion oil-equivalent barrels from its 22 announced discoveries. ExxonMobil's subsidiary, Esso Exploration Angola (Block 17) Limited, has a 20 percent interest in the Girassol development with co-venturers TotalFinaElf E&P Angola (operator, 40 percent), BP (16.67 percent), Statoil (13.33 percent), and Norsk Hydro (10 percent). Participants in Block 15 are Esso Exploration Angola (Block 15) Limited (operator, 40 percent), BP Exploration (Angola) Limited (26.67 percent), Agip Angola Exploration B.V. (20 percent) and Statoil Angola Block 15 AS (13.33 percent). Sonangol is the concessionaire for both blocks.
Maritime Reporter January 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Ship Repair & Conversion

The 2nd Ballast Water Management Summit

Sign-up for this year’s most in-depth exchange of information and best venue for BWT stakeholders to network and meet their regulatory peers is underway.   Infocast’s

Zamakona Refits Vessels VOS HERA & HADES

The Zamakona Yards in Pasajes has successfully finished the works carried o t in the vessels VOS HADES and VOS HERA that belong to the Company Vroon Offshore Services UK.

Arab Shipping Firm Orders 2,000 New Reefer Containers

Container shipping line United Arab Shipping Company (UASC) has ordered 2,000 reefer containers from Daikin.  As part of the emerging global carrier’s investment in the cutting-edge,

Offshore

New Chemical Handling Service from Ferguson Group

Tank, Fluid Solutions and Bunded Storage for Dangerous Goods and Chemicals Introduced at Gap Ridge, Karratha.    Ferguson Group Australia, global specialist in offshore DNV 2.

InterMoor Completes Juniper Mooring Installation Contract

InterMoor has completed a mooring and foundation installation campaign for bpTT’s Juniper gas project offshore Trinidad and Tobago, reportedly the largest foundation

Boost for Offshore Wind Energy

As part of President Obama’s Climate Action Plan to create American jobs, develop domestic clean energy resources and cut carbon pollution, Secretary of the Interior

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Pipelines Pod Propulsion Port Authority Salvage Ship Repair Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.4283 sec (2 req/sec)