Eni started production from Cabaça North development project, in Block 15/06 of the Angolan deep offshore, via the Armada Olombendo Floating Production Storage and Offloading (FPSO) vessel.
The start-up of Cabaça North is yet another example of how Eni Angola, in full cooperation with ANPG and partners, keeps creating value on Block 15/06 through its Infrastructure-Led Exploration strategy, generating a pipeline of fast-track subsea tie-backs, thus maximizing the utilization of existing facilities in the area in a sustainable manner.
The Cabaça North development, with an expected peak production rate in the range of 15 kbopd, will increase and sustain the plateau of the Armada Olombendo, a zero-discharge, zero-process flaring FPSO with an overall capacity of 100 kbopd.
This is the second start-up achieved by Eni Angola in 2021, after the Cuica Early Production achieved in July. A third start-up is expected within the next few months, with the Ndungu Early Production in the Western area of Block 15/06.
Block 15/06 is operated by Eni Angola with a 36.84% share. Sonangol Pesquisa e Produção (36.84%) and SSI Fifteen Limited (26.32%) compose the rest of the Joint Venture. Further to Block 15/06, Eni is the operator of exploration Blocks Cabinda North, Cabinda Centro, 1/14 and 28, as well as of the New Gas Consortium (NGC). In addition, Eni has stakes in the non-operated Blocks 0 (Cabinda), 3/05, 3/05A, 14, 14 K/A-IMI, 15 and in the Angola LNG.
About Eni
Eni is an integrated energy company employing more than 34.000 people in 69 countries in the world. Eni engages in oil and natural gas exploration, field development and production, as well as in the supply, trading and shipping of natural gas, LNG, electricity and fuels. Through refineries and chemical plants, Eni processes crude oil and other oil-based feedstock to produce fuels, lubricants and chemical products that are supplied to wholesalers or through retail networks or distributors.