ENI group starts operating new oil well in Angola

12 January 2016

Italian group ENI has started oil extraction n the Mpungi field in deepwater block 15/06 in Angola, 350 kilometres northwest of Luanda and 130 kilometres west of Soyo, according to a statement issued Monday.

The beginning of oil extraction in the “West Hub” project will allow the group to increase production to about 100,000 barrels of oil equivalent (BOE) per day in the first quarter of 2016.

The development project includes the Sango, Cinguvu, Mpungi, Mpungi North, Ochigufu and Vandumbu fields at a depth of between 1,000 and 1,500 metres, which are organised in clusters and connected to the N’Goma floating storage production and offloading ship (FPSO).

The Italian group also said it would continue to carry out exploration activities in block 15/06, and any new discoveries would be linked to existing production facility.

The group is the block’s operator with a 36.84 percent stake, and the remaining partners are Sonangol Pesquisa e Produção (36.84 percent) and SSI Fifteen Limited (26.32 percent). (macauhub/AO)