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Wed, 24 Oct 2018 10:22 - Updated Wed, 24 Oct 2018 10:22

Kaombo Norte producing 96,000 barrels of oil per day

Luanda - The Kaombo Norte Project, with a production capacity of 230,000 barrels of oil / day, last week produced a daily average of 96,000 barrels / day, with an operational efficiency of 96.3 percent, ANGOP learned Tuesday.

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Diamantino Azevedo, Minister of Mineral Resources and Petroleum Visit Project Kaombo

Photo: Cedida

Kaombo Norte Project

Photo: Cedida

The project, operated by French oil company Total E & P Angola, is valued at US $ 16 billion and has two production wells that could produce 15 percent of the Angolan production.

To verify the functional status of the project, the Minister of Mineral Resources and Petroleum, Diamantino Azevedo, visited on Tuesday the project, where he requested the involvement of the operator Total in the other projects in the oil sub-sector.

The minister announced that next December the second Consultative Council of the Ministry of Mineral Resources and Petroleum will have to analyze what has been done since the beginning of the legislative revision of the Petroleum Sector.

The Kaombo Project, located 260 kilometers off the coast of Luanda, took four years to be built, involving nearly 11,000 workers.

Kaombo covers an area of ​​800 square kilometers and has a 360-kilometer submarine pipeline network. It is the largest deepwater project in Angola.

 The first "First Oil" production took place on July 27 of this year, with six shipments.

Tags Economy   Petróleos  

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