The project is currently in approval stage and is expected to start commercial production in 2028. Final investment decision (FID) of the project will be approved in 2023. The Cambo conventional oil development will involve the drilling of approximately 13 wells and includes FPSO and subsea trees.

Field participation details

The field is owned by Delek Group and Shell.

Production from Cambo

Production from the Cambo conventional oil development project is expected to begin in 2028 and is forecast to peak in 2032, Based on economic assumptions, the production will continue until the field reaches its economic limit in 2056.

Contractors involved in the Cambo conventional oil field

Some of the key contractors involved in the Cambo project as follows.

Design/FEED Engineering: Seatrium

Other Contractors: Baker Hughes, KBR, Crondall Energy Consultants, Asplan Viak and HitecVision

About Ithaca SP E&P

Ithaca SP E&P Ltd is engaged in exploration and production of oil and gas.

For more details on the Cambo Conventional Oil Field, buy the profile here.

This content was updated on 21 July 2023

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