Tômbua-Landana oil project in Angola to reach peak production in 2011

22 July 2010

Luanda, Angola, 22 July – The Tômbua-Landana oil project in Angola, which started production in September 2009, in 2011 is due to reach its peak of production with 100,000 barrels of oil per day, Angolan news agency Angop reported Wednesday.

Located 50 miles (80 kilometres) off the coast of Angola, in block 14, Tômbua-Landana is positioned on a blade of water some 1,200 feet deep.

The project has 46 wells, including a surveying and production rig q,554 feet high – one of the highest structures in the world.

Chevron, via its subsidiary Cabinda Gulf Oil Company (Cabgoc), has a stake of 31 percent and is the operator of the Block 14 group.

In 2008, Chevron produces 534,000 barrels of oil per day in Angola via Cabgoc.

According to Angolahub news agency the company operates two concessions in the country, representing its partners in Block 0, namely Sonangol, Total, Petroleum Angola and ENI Angola Production and in Block 14 (Sonangol P&P, Total Petroleum Angola, ENI Angola Production and Galp Exploração e Produção).

Chevron currently employs some 2,900 Angolans in Angola, making up 86 percent of its workforce in the country. (macauhub)