With recoverable reserves of up to 425 million barrels of oil equivalent per day (mmboe), the Quiluma/ Maboqueiro project secured a final investment decision (FID) in July 2022 and is expected to deliver its first gas in 2026. Operated by Azule Energy, the project is Angola’s first non-associated natural gas project and comprises two offshore wellhead platforms, an onshore gas processing plant and a connection to the Angola LNG plant.
Located in Block 20 and 11, Cameia–Golfinho is expected to be sanctioned in early 2023, with operator TotalEnergies targeting first gas production in 2026. The project is estimated to hold approximately 420 million barrels of oil with discussions currently underway with oilfield services company, Bumi Armada, for the provision of a floating production, storage and offloading (FPSO) facility.
Discovered as part of the Agogo-1 new field wildcat well and located 20km west to the existing N’Goma FPSO, Eni’s discovery is estimated to comprise 210 mmboe of gas reserves. The project is expected to contribute up to 42,000 barrels per day at peak production by 2024.
A result of increased focus on exploration in Block 15/06 by Eni, Ndungu FFD is estimated to hold 125 mmboe of gas resources. With the operator anticipated to reach FID in 2024, the project, owing to its proximity to existing infrastructure, is expected to produce its first gas in 2025.
Sanha Lean Gas
Located at a water depth of 230 feet, the Sanha Lean Gas project will be developed by operator, Chevron, and is expected to deliver up to 480 million metric standard cubic feet of lean gas per day to meet the anticipated global gas demand shortfall between 2022 and 2025. The project is estimated to hold 115 mmboe of gas reserves, which will be extracted using an FPSO developed by Subsea 7 as part of a $300 million contract.
Comprising 115 mmboe of gas reserves, the PAJ project was discovered in 2005 by bp and is expected to have its FID reached in 2023 for production to start in 2025. Co-owners of the discovery include Sonangol, Equinor, New Bright International Development and China Petrochemical.
As these and many more natural gas projects come online in Angola, the upcoming Angola Oil & Gas conference and exhibition – which runs from November 29 – December 01 in Luanda –, as the official meeting place for the country’s hydrocarbon industry players including policymakers, companies and investors, will provide an update on the country’s natural gas sector while showcasing the country’s investment opportunities across the entire oil and gas value chain. Find out more about how you can participate by visiting https://angolaoilandgas2022.com/event/angola-oil-gas-2022-pt/