Eni Fires Up East Hub Development Off Angola
Eni has started production from the East Hub Development Project, in Block 15/06 offshore Angola, ahead of schedule.
Production is taking place through the Armada Olombendo floating production storage and offloading (FPSO) vessel, which can generate up to 80,000 barrels of oil per day and compress up to 3.4 million cubic meters of gas per day.
With 9 wells and 4 manifolds at a water depth of 450 meters, the FPSO Olombendo will put into production the Cabaça South East field, 350 kilometers northwest of Luanda and 130 kilometers west of Soyo.
Production from the East Hub Project will add to production from the existing West Hub Project in the Sangos, Cinguvu and Mpungi fields, where another vessel, the FPSO N’Goma, is operating.
In total, Block 15/06 will reach a peak of 150,000 barrels of oil per day this year, Eni informed.
“We are proud of what we have achieved in Block 15/06,” said Claudio Descalzi, CEO of Eni. “Leveraging our extensive experience in exploration, we have been able to discover a total of 3 billion barrels of oil in place through 10 commercial discoveries. Moreover, thanks to strong field development and project management, we are beginning production of the East Hub with a time-to-market of only 3 years, and 5 months ahead of schedule. Cabaça South East brings our number of fields in production to 5, with 2 more expected to start before the end of 2018.”
Block 15/06 is operated by Eni with a 36.84% share, while Sonangol Pesquisa e Produção controls 36.84% and SSI Fifteen Limited controls 26.32%.
