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ENI starts new oil block production in Angolan offshore

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Italian oil company ENI today announced the start of production in a new offshore oil well on the Angolan offshore, which is expected to guarantee an average of 13,000 barrels per day.

In a statement, ENI indicates that the new well is located in the Vandumbu field, 350 kilometers north-west of Luanda and 130 km west of Soyo, in block 15/06.

The start of production at the VAN-102 well following the introduction of the second Subsea Multiphase Boosting System (SMBS) is another step in the development of the Vandumbu field, which began operations on November 29, 2018, three months earlier than expected.

Together with the start of production at another well in Mpungi Field, the capacity of the 15/06 block could reach 170,000 barrels per day.

The start of production in Vandumbu, adds the document, is another step in the development of ENIs strategy in Block 15/06, where the oil company has been exploring eight other fields since November 2014 when it started production at the Sangos field.

Block 15/06, in deep waters ranging from 200 to 1,800 meters, is being operated by a consortium formed by ENI Angola and Sonangol, as a state oil concessionaire (both with a 36.86 per cent stake) and by SSI Fifteen Limited (26.32 per cent).

ENIs involvement with Sonangol includes other activities, such as technical assistance to improve the efficiency of the Luanda Refinery, as well as support for the development of other refineries (Lobito and Soyo), as well as gas and renewable energy exploration projects.

ENI has been present in Angola since 1980, with an average oil production of around 150,000 barrels per day.

Angola is the second largest oil producer in Africa, just behind Nigeria, with about 1.5 million barrels per day.

Bahrain News Agency

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