Eni has started production of the East Hub Development Project in Block 15/06 of the Angolan deep offshore region, five months ahead of schedule.
The oil company is using the Armada Olombendo Floating Production Storage and Offloading (FPSO) vessel for production which can generate up to 80,000bpd of oil and compress up to 3.4 million cubic metres of gas a day.
FPSO Olombendo will put Cabaça South East field into production with nine wells and four manifolds at a depth of 450m.
The Cabaça South East field is located about 350km from Luanda and 130km west of Soyo.
East Hub Project production will add to the output from the existing West Hub Project in the Sangos, Cinguvu and Mpungi fields, where another vessel, FPSO N’Goma, is operating.
Overall, Block 15/06 is expected to reach a peak of 150,000bpd this year.
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Eni CEO Claudio Descalzi said: “We are proud of what we have achieved in Block 15/06. Leveraging our extensive experience in exploration, we have been able to discover a total of three billion barrels of oil in place through ten 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 three years, and five months ahead of schedule.
“Cabaça South East brings our number of fields in production to five, with two more expected to start before the end of 2018.
“This is yet another example of Eni’s Angolan and worldwide capability to deliver state-of-the-art projects, and was made possible by Eni’s new operational model, where we play an increasingly active role in the integrated development of our projects.”
Eni operates Block 15/06 with 36.84% stake. Sonangol Pesquisa e Produção and SSI Fifteen Limited hold the remaining ownership with interests of 36.84% and 26.32% respectively.
Eni has been operating in Angola since 1980 through its subsidiary.