Sonangol, Eni to review Lower Congo gas options

Sonangol Chairman Francisco de Lemos Maria and Eni CEO Claudio Descalzi have signed an agreement on future cooperation activities in Angola.

Offshore staff

ROME – Sonangol Chairman Francisco de Lemos Maria and Eni CEO Claudio Descalzi have signed an agreement on future cooperation activities in Angola.

The two companies will establish a team to study the potential of non-associated gas present in the Lower Congo basin, thought to be a promising area for offshore hydrocarbon production.

The team will analyze commercialization options for the gas, in Angola and overseas, drawing on Eni’s experience in developing gas resources worldwide.

Eni’s production in Angola is around 80,000 boe/d net. The company expects to bring thedeepwater block 15/06 West Hub project onstream by the end of December.

11/18/2014

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