The Lianzi field is located 105 kilometres offshore and in 900 metres of water. The project is the first crossborder oil development project offshore Central Africa, according to the super-major. It is also Chevron’s first operated asset in the Republic of Congo, with production scheduled at 40,000 barrels of oil per day.
Discovered in 2004, the field includes a subsea production system and a 43-kilometre electrically heated flowline system that transports the oil from the field to the Benguela Belize-Lobito Tomboco platform in Angola’s block 14. It incorporates a direct electrical heating system to ensure fluid flow, Chevron has said.
Chevron Overseas (Congo) operates the Lianzi Field with a 15.75-percent stake. Cabinda Gulf Oil Company, also a Chevron subsidiary, holds 15.5 percent, with Total E&P Congo assuming a 26.75-percent share. Angolan oil and gas companies Angola Block 14 and <a href=’https://theenergyyear.com/companies-institutions/sonangol/’>Sonangol P&P, along with Italy’s Eni, each hold 10 percent. Republic of Congo national oil company Société Nationale des Pétroles du Congo assumes a 7.5-percent share, and Portugal’s Galp Energia holds 4.5 percent.
For more news and features on Angola, click here.
For more news and features on the Republic of Congo, click here.
Spain's Iberdrola plans to triple its offshore wind assets in the coming years, bringing their value to USD 18 billion,… Read More
Saipem has been awarded a USD 850-million contract for subsea works in Angola by local BP-Eni joint venture Azule Energy,… Read More
Arrow Exploration has spud a new production well on the Tapir block in Colombia’s Llanos Basin, the company announced on… Read More
Petronas has made a third oil and gas discovery in Suriname's offshore Block 52, the Malaysian company announced on Wednesday Read More
Japanese power generation player JERA on Thursday announced plans to invest USD 32 billion in LNG, renewables and new fuels… Read More
Chevron is planning to exit its North Sea operations after 55 years of activity in the oil hotspot, Reuters reported… Read More
This website uses cookies.