Page 14 - AfrOil Week 48 2022
P. 14

AfrOil                                 PROJECTS & COMPANIES                                            AfrOil



                         Gail Anderson, research director for Sub-Sa-  into the possibility of selling the unit since 2020.
                         haran Africa at the Wood Mackenzie energy   A spokesperson for the company confirmed
                         consultancy, expressed agreement with this per-  this, saying to the news agency earlier this week
                         spective, telling Reuters: “It is a high-cost region   that the unit was due to be decommissioned and
                         where carbon emissions are a problem as well.”  eventually towed away. ™
                           One of the news agency’s sources also noted,
                         though, that ExxonMobil had been cutting back
                         at Block B for some time.
                           The US-based company took its Zafiro pro-
                         duction platform off line earlier this year and
                         evacuated all staff after water entered the unit
                         and has now trimmed output at the Serpentina
                         platform to less than 15,000 barrels per day
                         (bpd), the source said.
                           This represents a sharp drop from last year’s
                         average production level of 45,000 bpd – and
                         an even sharper drop from ExxonMobil’s pro-
                         duction peak of 300,000 bpd, a figure that was
                         recorded in 2014.
                           According to one of Reuters’ sources, the
                         company may make up some of this lost ground
                         if it secures shareholder and government
                         authorisation for the installation of Jade, a third
                         production platform. The source said this plat-
                         form would be able to extract 25,000-30,000
                         bpd of oil but did not reveal when it might start
                         production.
                           Meanwhile, Zafiro will not recover from
                         the idling of its infrastructure. As Reuters
                         explained, ExxonMobil is not interested in
                         repairing this platform, as it has been looking   The Zafiro platform was taken off line earlier this year (Image: ExxonMobil)



       TotalEnergies will soon seek exploration



       drilling licence for offshore Block 5/6/7






          SOUTH AFRICA   TOTALENERGIES (France) is gearing up to   noise levels and socioeconomic conditions,
                         finalise and submit its request for permission to   GroundUp noted.
                         drill up to five exploration wells at Block 5/6/7   If PASA approves TotalEnergies’ application,
                         located off the coast of South Africa, GroundUp   the wells will be drilled within a 10,000-square
                         has reported.                        km section of the block where 2D and 3D seis-
                           The website did not say exactly when the   mic data have already been acquired. Accord-
                         French major was likely to submit its applica-  ing to previous reports, this section lies roughly
                         tion to the Petroleum Agency of South Africa   between Cape Agulhas and Cape Town, in a
                         (PASA). However, it did note that members of   section of the offshore zone that lies 60-170
                         the public would be able to comment on the   km from the coast in water depths of 700-3,200
                         matter until December 7.             metres deep.
                           Meanwhile, it said, TotalEnergies last   The French giant has said it hopes the explo-
                         week finished holding a round of meetings in   ration drilling project will help boost South
                         several coastal communities – including Har-  Africa’s reserves of gas, an energy source that
                         manus, Hout Bay, Kleinman and Saldanha Bay   has a lower carbon emissions intensity than coal.
                         – as part of the public participation component   The latter is still the main fuel used by many of
                         of its environmental and social impact assess-  the country’s thermal power plants (TPPs),
                         ment (ESIA).                         despite its larger contributions to air pollution
                           As part of the assessment process, it also   and greenhouse gas (GHG) emissions.
                         hired independent evaluators from SRL Con-  GroundUp quoted Stéphanie Dezaunay, a
                         sulting (UK) to review the anticipated impact   spokesperson for TotalEnergies, as saying that
                         of the exploration drilling project on air quality,   the major wanted to play a role in expanding the
                         climate conditions, fisheries, marine ecology,   supply of this bridge fuel.



       P14                                      www. NEWSBASE .com                      Week 48   01•December•2022
   9   10   11   12   13   14   15   16   17   18   19