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Home›Business & Finance›Eni fires up second offshore project in Angola this year
Business & Finance

September 24, 2021 · about 4 years ago

Eni fires up second offshore project in Angola this year

Eni has started production from the Cabaça North development project, in Block 15/06, offshore Angola, via the Armada Olombendo FPSO.

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Armada Olombendo FPSO - Eni

Italian oil and gas company Eni has started production from the Cabaça North development project, in Block 15/06 of the Angolan deep offshore, via the Armada Olombendo FPSO.

The Cabaça North development, with an expected peak production rate in the range of 15 kbopd, will increase and sustain the plateau of the Armada Olombendo. The FPSO is a zero-discharge, zero-process flaring unit with an overall capacity of 100 kbopd, Eni informed on Friday.

This is the second start-up achieved by Eni Angola in 2021 after the Cuica Early Production achieved its first production in July. The oil company is planning a third start-up within the next few months, with the Ndungu Early Production in the Western area of Block 15/06.

According to Eni, the start-up of Cabaça North is yet another example of how the company, in full cooperation with ANPG and partners, keeps creating value on Block 15/06 through its infrastructure-led exploration strategy, generating a pipeline of fast-track subsea tie-backs, thus maximizing the utilization of existing facilities in the area in a sustainable manner.

Block 15/06 is operated by Eni Angola with a 36.84 per cent share. Sonangol Pesquisa e Produção (36.84 per cent) and SSI Fifteen Limited (26.32 per cent) compose the rest of the Joint Venture.

Further to Block 15/06, Eni is the operator of exploration Blocks Cabinda North, Cabinda Centro, 1/14 and 28, as well as of the New Gas Consortium (NGC). In addition, Eni has stakes in the non-operated Blocks 0 (Cabinda), 3/05, 3/05A, 14, 14 K/A-IMI, 15 and in the Angola LNG.

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