Page 14 - AfrOil Week 31 2021

AfrOil PROJECTS & COMPANIES AfrOil

The agency acquired an equity stake in the refin- engineering, procurement, fabrication, installa-
ery in 2019, a year after it picked up 30% stake tion, construction, testing, precommissioning,
in Waltersmith Refining and Petrochemical Co.’s commissioning and performance-guarantee
Ibigwe modular refinery in Imo State. In mid- test run (PGTR) activities for the refinery. The
2020, NCDMB acquired equity in Duport Mid- Emirati firm had previously completed front-
stream Company Ltd’s project to build an energy end engineering design (FEED) of the refinery’s
park in Edo State that includes a 2,500 bpd mod- outside battery limits (OSBL) areas as well early
ular refinery, a 30mn cubic feet (850,000 cubic works on the project.
metres) per day gas processing facility and a Meanwhile, a year ago US services special-
2-MW power plant. ist McDermott was awarded an engineering
In May of this year, Azikel hired UAE-based and procurement (EP) contract covering the
Chemie Tech as its engineering, procurement detailed engineering and design of the inside
and construction (EPC) contractor for the battery limits (ISBL) modular refinery as well as
refinery under a lump-sum turn-key (LSTK) the supply of equipment and tagged items.
contract. The company has been collaborating with
The contract covers project manage- Azikel since 2018, during which time it has been
ment, residual process engineering, detailed carrying out an extended FEED contract. ™

Eni set to connect Cuica to production hub

ANGOLA ITALY’S Eni has said it expects to connect Legislative Decree No. 5/18 of 18 May 2018.”
Cuica, a newly discovered field within the Equity in Block 15/06 is split between Eni,
Cabaça development area of Block 15/06 off- the operator, with 36.8421%; Sonangol P&P,
shore Angola, to production infrastructure in an affiliate of the national oil company (NOC)
the near future. Sonangol, with 36.8421%, and SSI Fifteen Ltd
In a conference call covering its latest quar- (Angola) with 26.3158%. The partners discov-
terly report, the Italian major pointed out that ered five fields that contain around 2bn barrels
it had been able to reach this milestone quickly. of OIP – Agidigbo, Afoxé, Agogo, Kalimba and
Claudio Descalzi, the CEO of Eni, noted that Ndungu – between 2018 and 2020 Italy’s Eni is
the company had been able to fast-track the moving forward with plans for the development
installation of tie-ins linking the new field to of biofuel processing capacity in Kenya. Last
the Armada Olombendo, a floating production, week, the company revealed in a statement that
storage and off-loading (FPSO) unit that serves it had signed a memorandum of understanding
as the eastern hub of development work at Block (MoU) with Kenya’s Ministry of Petroleum and
15/06. Mining on “[promoting] the decarbonisation
“We confirm that the Cuica field in Angola, process to tackle climate change through new
close to our FPSO in Block 15/06, will be con- industrial models of [a] fully integrated circular
nected to production in these days, just four economy along the whole bio-fuel production
months after the discovery,” Descalzi said. value chain.” ™
Eni announced the find of light crude oil in
the Cuica-1 NFW exploration well in early April
of this year. At the time, it said that the Cuica
field appeared to contain 200-250mn barrels of
oil in place (OIP).
It also indicated that it might be able to
launch commercial development at the site
within six months following the conversion of
Cuica-1 NFW into a production well. If the con-
version is successful, the well may yield as much
as 10,000 barrels per day (bpd).
Cuica is the second find to have been made
within the Cabaça development area of Block
15/06, as well as the first commercial discovery
made within the licence area since the tempo-
rary suspension of drilling activities last year in
response to the coronavirus (COVID-19) pan-
demic. Eni said earlier this year that it had been
working with its partners “to leverage [Angola’s]
favourable legal framework on additional explo-
ration activities within existing development
areas, as promoted through the Presidential Cuica is near the eastern hub of development at Block 15/06 (Image: Eni)

P14 www. NEWSBASE .com Week 31 04•August•2021