Cuica oil discovery : Italian energy company Eni has made a new light oil discovery in Block 15/06 in the Angolan deepwaters through the drilling of the Cuica-1 NFW well. Eni estimates the oil discovery at the Cuica prospect to be in the range of 200-250 million barrels of oil. It is located within the […]
Qatar Petroleum has signed a farm-in deal with Angolan national oil company Sonangol and Total to acquire a 30% stake in Block 48 contained in the ultra-deep waters of Angola. According to Qatar Petroleum, Block 48 offers a drill-ready opportunity, which spans an area of nearly 3,600 square kilometers. Drilling in the offshore Angolan block […]
Located in block 18 in the territorial waters of Angola, the Platina oil field, which is operated by BP, is scheduled to begin production by the end of 2021. The Platina deepwater oil project is being developed as a subsea tie-back to the existing BP-operated Greater Plutonio floating production, storage and offloading unit (Greater Plutonio […]
TechnipFMC has bagged an integrated engineering, procurement, construction, and installation (iEPCI) contract from BP Angola for the Platina field development in Block 18 in Angolan waters. The contract value is in the range of $75-250 million. The Platina field, which was discovered in 1999, is contained in water depths in the range of 1,200-1,500 meters. […]
Italian oilfield services company Saipem said that it has bagged various engineering, procurement, construction, and installation (EPCI) contracts worth over $500 million in various parts of the world. The first of the EPCI contracts was given by Saudi Aramco in Saudi Arabia as part of the long-term agreement signed by the parties, which will be […]
Eni and its partners Sonangol P&P, and SSI Fifteen in the offshore 15/06 Block have started production from the Agogo oilfield. The Italian oil and gas giant said that the offshore oilfield in Angola was brought on stream just nine months following its discovery. Eni said that it was possible through the operational synergies enabled […]