Angola
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The Seaeye Falcon underwater robot is being used in the decommissioning and repurposing of an oil rig offshore Angola. -
The Angolan project is expected to add 30,000 B/D of oil production by year-end 2024.
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The Eni-BP Azule JV creates Angola’s largest independent oil and gas company and will operate the New Gas Consortium project, the country’s first non-associated gas project and a boost to West African LNG.
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The French producer has taken final investment decision on the deepwater Begonia field, plus natural gas and solar developments.
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The 10-well plus eight-well option contract should keep the rig busy well into 2024.
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A successful appraisal well at the field has boosted reserves estimates as high as 1 billion barrels.
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Early production from Ndungu expected at 20,000 B/D.
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Azule Energy, a new E&P company, will be independently managed and one of Angola’s largest oil producers.
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Exploratory, development well success in current onshore program.
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Phase 2 production should reach 40,000 BOE/D by mid-2022.
