Page 13 - AfrOil Week 14 2021

AfrOil PROJECTS & COMPANIES AfrOil

Cuica can easily be tied into the eastern development hub at Block 15/06 (Image: Eni)
It said it had used the Libongos drillship to sink barrels per day (bpd) of oil, it said.
the deviated well to a total vertical depth of 4,100 Commercial production may begin within
metres and had encountered an 80-metre col- six months, it added.
umn of oil in Miocene-layer sandstones. Eni described Cuica as the second find made
The company made the discovery within within the Cabaça development area of Block
the framework of its infrastructure-led explo- 15/06, as well as the first commercial discovery
ration (ILX) programme, which focuses on made within the licence area since the tempo-
unexplored areas in close proximity to existing rary suspension of drilling activities last year
infrastructure facilities. Cuica itself is close to in response to the coronavirus (COVID-19)
a floating production, storage and off-loading pandemic.
(FPSO) unit known as the Armada Olombendo It noted that it had been working with its
that serves as the eastern hub of development partners “to leverage [Angola’s] favourable legal
work at Block 15/06. As a result, Eni will be able framework on additional exploration activities
to fast-track the installation of tie-ins connect- within existing development areas, as promoted
ing the new field to the FPSO. through the Presidential Legislative Decree No.
The Italian company also hopes to take 5/18 of 18 May 2018.”
advantage of this proximity to the Armada Equity in Block 15/06 is split between Eni,
Olombendo by converting Cuica-1 NFW into the operator, with 36.8421%; Sonangol P&P,
a producer well. an affiliate of the national oil company (NOC)
In the statement, it explained: “The discov- Sonangol, with 36.8421%, and SSI Fifteen Ltd
ery well is going to be [a] sidetracked updip to (Angola), with 26.3158%. The partners discov-
be placed in an optimal position as a producer ered five fields that contain around 2bn barrels
well.” Data collected during drilling indicate that of OIP – Agidigbo, Afoxé, Agogo, Kalimba and
the well may eventually yield as much as 10,000 Ndungu – between 2018 and 2020. ™

Qatar Petroleum, Shell, NAMCOR team

up to explore PEL 39 offshore Namibia

NAMIBIA STATE-OWNED Qatar Petroleum has teamed to Qatar Petroleum, 45% to Shell and 10% to
up with Royal Dutch Shell (UK/Netherlands) to NAMCOR.
explore two blocks in Namibia’s offshore zone. Together, Block 2913A and Block 2914B
Qatar Petroleum announced the deal in a cover an area of around 12,300 square km. The
statement dated April 6, saying that the two blocks are located in the ultra-deepwater sec-
companies had joined with National Petro- tion of Namibia’s offshore zone, in waters that
leum Corp. of Namibia (NAMCOR) in signing are about 2,500 metres deep.
an agreement on the exploration of the PEL 39 The signing of the PEL 39 exploration agree-
licence area, which covers Block 2913A and ment marks Qatar Petroleum’s second foray into
Block 2914B. Namibia. The company also secured stakes in an
The company did not reveal the value of the exploration and production-sharing agreement
deal, but it did state that the partners intended (EPSA) covering Block 2912 and Block 2913B
to split equity in the project as follows: 45% in August 2019..”

Week 14 07•April•2021 www. NEWSBASE .com P13