Page 18 - AfrOil Week 38 2022

AfrOil NEWS IN BRIEF AfrOil

Deepwater Prospects Drive Production: Cur-
rently, the majority of Angola’s production
comes from a series of offshore deepwater
fields, leading to the country prioritizing further
exploration from such developments. Since the
start-up of the Kuita Field by Chevron – in water
depths of approximately 400 metres – the coun-
try has emerged as one of Southern Africa’s lead-
ing regional deepwater players. As such, with
the government targeting further production
increases, the country’s deep and ultra-deepwa-
ter assets will be at the forefront of drilling cam-
paigns over the next decade.
Some of the most promising deepwater plays
currently underway include TotalEnergies’
Cameia-Golfinho development in Block 20/11
and Block 21/09, respectively – estimated to hold
420mn barrels of oil equivalent; Eni’s ultra-deep-
water Agogo full field development in Block
15/06; and Eni’s Ndungu field in Block 15/06.
With these developments and the many more set
to be announced in 2022 and beyond, Angola is
well positioned to scale up production further
and improve energy security both in-country facilities, as detailed below. Once part of this place for oil to start being transported to the
and across the wider region. crude has been shipped from the Oza oilfield Akwete oil storage tank in the next four to five
Angola’s production success, challenges and tanks, the Oza-1 well will be brought back onto weeks. All efforts are being made to expedite and
opportunities will be further unpacked during production, with the ultimate goal being the pro- complete the necessary arrangements and obtain
the third edition of the country’s premier oil vision of a stable, ongoing supply of crude oil into the required approvals.
and gas forum, Angola Oil & Gas (AOG), tak- new alternative export facilities. Sanmi Famuyide, CEO of Decklar Resources,
ing place on November 29 and 30 to December Decklar and Millenium are also pleased said: “The new crude export arrangements,
1, 2022 in Luanda. Convening regional energy to announce that an agreement has also been including the sale of the Oza crude oil in stor-
ministers, public and private executives, and reached to transport and sell Oza oilfield crude age, sale of future production to a local refinery,
explorers from both Africa and the international oil to a company that owns and operates a small and trucking crude oil from the Oza oilfield to
landscape, AOG 2022 is set to kickstart a new era crude oil refinery in Edo State, Nigeria. The the Akwete tank farm for barging to an FSO, will
of production growth in Angola. agreement provides for an initial sale of 10,000 allow Decklar to significantly increase deliver-
Energy Capital & Power, September 21 2022 barrels. The parties are also in discussions to ies of oil to markets through improved logistics
increase the sale quantity to 30,000 barrels and and alternative export facilities. These new and
Decklar announces to possibly agree a minimum monthly quantity existing export alternatives will allow Decklar to
of barrels of Oza Oil Field crude to be sold to the generate revenue in the near future as we look
new arrangements for oil refinery. It is anticipated that all required gov- forward to the commencement of more efficient
ernment permits will be finalized and in place in crude oil transport and exports from the Oza
delivery and export of the next three to four weeks. field.”
Separately, agreements have been executed to
Decklar Resources, September 20 2022
crude oil from Oza field truck crude oil from the Oza Oil Field to a 45,000
barrel tank farm located in Akwete. The short-
Decklar Resources has provided an update on term goal is to transport approx. 1,100 barrels Stena Drilling signs new
operational activities relating to the transporta- per day (bpd) of oil from the Oza oilfield to the contract with CNOOC
tion and export of crude oil produced from the storage tanks at Akwete. Once the volumes at the
Oza oilfield in Nigeria. Akwete oil tank exceed 15,000 barrels, barges for Stena IceMAX
Decklar and its co-venturer Millenium Oil & will load and transport the crude to an offshore
Gas Co. are pleased to announce that the 7,800 floating storage and offloading unit (FSO). Stena Drilling are pleased to announce that we
barrels of crude oil previously delivered to the The barging to an FSO will provide Decklar have signed a new contract with CNOOC Africa
Umugini Pipeline Infrastructure Limited crude and Millenium with the ability to produce and Holding Ltd (CNOOC) for Mobile Offshore
handling facilities has now been delivered to transport larger and more stable volumes of Drilling Unit (MODU) Stena IceMAX.
the Forcados crude oil export terminal. The crude oil from the Oza oilfield and avoid the use The two-well programme, scheduled for
7,800 barrels are ready for export pending the of pipelines in areas that continue to have prob- Q1-2023, will be off the coast of Gabon and has
completion of certain repairs to the offshore lems with availability, delays and losses. While an estimated total campaign duration of 90 days.
loading system. In the meantime, an additional the trucking and barging of crude oil involves Stena Drilling are delighted to secure this
30,000 barrels has been produced from the Oza more complex logistics, it is expected to be more repeat business with CNOOC and look for-
oilfield and is currently being stored in tanks at reliable and cost effective than utilizing trucking ward to working with CNOOC to complete this
the Oza-1 wellsite. These 30,000 barrels will be and pipelines. It is anticipated that the required campaign.
the initial barrels transported to the new export government permits can be finalized and in Stena Drilling, September 16 2022

P18 www. NEWSBASE .com Week 38 22•September•2022