Eni Makes New Oil Discovery Offshore Angola

Italy's Eni announced on Monday a new oil discovery in Block 15/06, in the Kalimba exploration prospect, in Angola's deep offshore.

The new discovery is estimated to contain between 230 and 300 million barrels of light oil in place, a statement said.

In Block 15/06, the two oil development projects, West Hub and East Hub, are currently producing about 150,000 barrels of oil per day, according to the company.

"The Kalimba-1 NFW well, which has led to the discovery, is located at approximately 150 kilometers (93 miles) off the coast and 50 kilometers (31 miles) southeast from the Armada Olombendo FPSO (East Hub)," the statement said.

The well was drilled by the West Gemini drillship in a water depth of 458 meters (1,502 feet) and reached a total depth of 1,901 meters (6,236 feet), it added.

According to the statement, a joint venture, composed by Eni (operator, 36.8421 percent), Sonangol P&P (36.8421 percent) and SSI Fifteen Limited (26.3158 percent), will work to appraise the updip of the discovery and will start the studies to fast-track its development.

Eni is also the operator of Cabinda Norte Block, located onshore Angola.

(Anadolu Agency, 25/06/2018)

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