Eni: Major Oil Discovery Offshore Angola

Tuesday, July 13, 2010

Eni and Sonangol announce a new major oil discovery in Block 15/06, located offshore Angola. The Cabaça South East-1 well, located at a depth of 470 meters, at a distance of 100 km from the coast, successfully reached its multi-target objective in the deepest levels of Miocene age, where oil bearing reservoirs, with a total of 450 meters of gross thickness, have been proven.

Initial evaluations indicate that the discovery holds  material volumes of oil in place of high quality. Cabaça South East-1 is the seventh of eight expected exploration wells within the contractual commitments of the license. The well has produced results beyond initial expectations and confirms the potential for a second productive hub in the North East area of the block. The current engineering studies and the activities prior to the development of the West Hub will provide guidance for the second production centre. Thanks to the synergies with the ongoing activities, the East Hub will double the production in Block 15/06.

Eni has a 35% working interest and is the Operator in Block 15/06, while Sonangol E&P is the Concessionaire. The other partners in the JV are Sonangol Pesquisa e Produção (15%), SSI Fifteen Limited (20%), Total (15%), Falcon Oil Holding Angola SA (5%), Petrobras International Braspetro B.V. (5%) and Statoil Angola Block 15/06 Award AS (5%).

Six out of the seven commercial prospects drilled to date provide evidence of the success of the exploration activities carried out so far from the Eni-led consortium, in full compliance with safety and environmental protection standards.

Eni has been present in Angola since 1980. Its current equity production is approximately 130,000 barrels of oil equivalent per day. This discovery further strengthens Eni’s presence in the country, and confirms Angola as one of the core countries in Eni's organic production growth strategy.

Maritime Reporter August 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Offshore

Viking Supply Ships Sell PSV 'SBS Cirrus'

Rederi AB TransAtlantic subsidiary Viking Supply Ships says it has sold the 1985 built platform supply vessel SBS Cirrus. The vessel has been delivered to its new owners,

SBM Offshore Announces Thunder Hawk Tiebacks

SBM Offshore is pleased to announce it has signed a Production Handling Agreement (PHA) with Noble Energy to produce the Big Bend and Dantzler fields to the

Fifth Jackup Contract for Keppel from Gulf Drilling

Keppel FELS Limited, a wholly owned subsidiary of Keppel Offshore & Marine, has secured a contract from Gulf Drilling International Ltd. of Qatar to build a

 
 
Maritime Careers / Shipboard Positions Maritime Standards Naval Architecture Pipelines Pod Propulsion Port Authority Ship Electronics Ship Simulators Shipbuilding / Vessel Construction Winch
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: 0.3492 sec (3 req/sec)