Italian energy giant ENI said on September 24 the company started production from Cabaca North development project, in Block 15/06 of the Angolan thorough offshore, via the Armada Olombendo Floating Production Storage and Offloading (FPSO) canal.
The start-up of Cabaca North is however another example of how ENI Angola, in complete cooperation with ANPG and partners, keeps creating value on Block 15/06 by its Infrastructure-Led Exploration strategy, generating a pipeline of fast-track subsea tie-backs, consequently maximizing the utilization of existing facilities in the area in a sustainable manner, ENI said.
The Cabaca North development, with an expected peak production rate in the range of 15 kbopd, will increase and sustain the plateau of the Armada Olombendo, a zero-release, zero-course of action flaring FPSO with an overall capacity of 100 kbopd, ENI said.
This is the second start-up achieved by ENI Angola in 2021, after the Cuica Early Production achieved in July. A third start-up is expected within the next few months, with the Ndungu Early Production in the Western area of Block 15/06.
Block 15/06 is operated by ENI Angola with a 36.84% proportion. Sonangol Pesquisa e Produção (36.84%) and SSI Fifteen Limited (26.32%) compose the rest of the Joint Venture. Further to Block 15/06, Eni is the operator of exploration Blocks Cabinda North, Cabinda Centro, 1/14 and 28, in addition as of the New Gas Consortium (NGC). In addition, ENI has stakes in the non-operated Blocks 0 (Cabinda), 3/05, 3/05A, 14, 14 K/A-IMI, 15 and in the Angola LNG.
Click: See details