Sonangol, Eni to review Lower Congo gas options

Offshore staff

ROME – Sonangol Chairman Francisco de Lemos Maria and Eni CEO Claudio Descalzi have signed an agreement on future cooperation activities in Angola.

The two companies will establish a team to study the potential of non-associated gas present in the Lower Congo basin, thought to be a promising area for offshore hydrocarbon production.

The team will analyze commercialization options for the gas, in Angola and overseas, drawing on Eni’s experience in developing gas resources worldwide.

Eni’s production in Angola is around 80,000 boe/d net. The company expects to bring the deepwater block 15/06 West Hub project onstream by the end of December.

11/18/2014

 

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...