Eni begins production offshore Angola for West Hub Development Project

offshore-angola-QR9iudjz0-sxc.huEni has announced that it has started production a fortnight ahead of schedule at Cinguvu oilfield, of the West Hub Development Project, in Block 15/06 offshore Angola

Located approximately 350 km northwest of Luanda and 130 km west of Soyo, the production follows the achievement of West Hub’s first oil through Sangos field start-up, in November 2014.

The West Hub Development Project encompasses the development of Sangos, Cinguvu, Mpungi, Mpungi North and Vandumbu fields in a water depth ranging from 1,000 metres to 1,500 metres, according to the Italian explorer. The wells are arranged in clusters and connected to the floating production storage and offloading (FPSO) N’Goma, which has a treatment capacity of 100,000 bpd.

The two fields on stream — Sangos and Cinguvu — are currently producing about 60,000 barrels of oil per day (18,000 bopd Eni’s equity) through the N’Goma. Production is expected to ramp up to 100,000 bpd in Q4 2015 with the start-up of the third field Mpungi, which will also be connected to N’Goma.

Eni CEO Claudio Descalzi said, “This is indeed another important step within the innovative hub-building strategy at the base of our success in Block 15/06 in Angola. A second field Cinguvu came on stream on time and on budget, after Sangos in November 2014, confirming our excellent track record in terms of efficiency, technology and innovation.”

Eni is operator of Block 15/06 with a 35 per cent stake and Sonangol is the concessionaire. The other partners of the joint venture are Sonangol Pesquisa e Produção with 35 per cent stake, SSI Fifteen Limited with 25 per cent holding and Falcon Oil Holding Angola with five per cent share.

Alain Charles Publishing, University House, 11-13 Lower Grosvenor Place, London, SW1W 0EX, UK
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