ExxonMobil Announces First Oil Production in Angola
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. 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. processing 200,000 barrels of oil per day and has a two million barrel storage capacity. subsea wells are planned, and drilling is expected to continue until 2003. development. It is an important milestone with a promising future for ExxonMobil in Angola. development offshore West Africa. 250,000 barrels per day. First oil from Kizomba A is scheduled for late 2004. world. acres.
ExxonMobil Begins Construction of Project Offshore
Exxon Mobil Corporation has announced that its subsidiary, Mobil Equatorial Guinea, Inc. (MEGI), has awarded contracts and started construction to expand current production of the Zafiro field, offshore Equatorial Guinea. First production from the new $900 million project is scheduled for September 2003. (425-850 meters). utilize an early production system and recover about 150 million barrels of oil. development consists of subsea wells tied back to a Floating, Production, Storage and Offloading (FPSO) vessel. capacity. expected to continue until 2004. southern area of the Zafiro field. Production from this field will significantly enhance the strong performance of the Zafiro area and add to the overall production in country. Production from the Zafiro field began in August 1996.
