Total: Kaombo project brought onstream
(CercleFinance.com) - On Friday, Total announced that Kaombo has been brought onstream.
This is the largest deep-sea project recently built in Angola, and is found 260 kilometres off the coast of Luanda.
“Kaombo Norte, the first Floating Production Storage and Offloading (FPSO) unit, has been successfully brought on stream and will produce an estimated 115,000 barrels of oil per day, while the second one, Kaombo Sul, is expected to start up next year. The overall production will reach an estimated 230,000 barrels of oil per day at peak and the associated gas will be exported to the Angola LNG plant,” Total said.
The group added that it is the operator of Block 32, in which it has a 30% stake, alongside Sonangol P&P (30%), Sonangol Sinopec International 32 Limited (20%), Esso Exploration & Production Angola (Overseas) Limited (15%) and Galp Energia Overseas Block 32 B.V. (5%).
Copyright (c) 2018 CercleFinance.com. All rights reserved.
This is the largest deep-sea project recently built in Angola, and is found 260 kilometres off the coast of Luanda.
“Kaombo Norte, the first Floating Production Storage and Offloading (FPSO) unit, has been successfully brought on stream and will produce an estimated 115,000 barrels of oil per day, while the second one, Kaombo Sul, is expected to start up next year. The overall production will reach an estimated 230,000 barrels of oil per day at peak and the associated gas will be exported to the Angola LNG plant,” Total said.
The group added that it is the operator of Block 32, in which it has a 30% stake, alongside Sonangol P&P (30%), Sonangol Sinopec International 32 Limited (20%), Esso Exploration & Production Angola (Overseas) Limited (15%) and Galp Energia Overseas Block 32 B.V. (5%).
Copyright (c) 2018 CercleFinance.com. All rights reserved.