https://www.miningweekly.com
Energy|Gas|Hydrocarbons|Infrastructure|Petroleum|Storage|Infrastructure
Energy|Gas|Hydrocarbons|Infrastructure|Petroleum|Storage|Infrastructure
energy|gas|hydrocarbons|infrastructure|petroleum|storage|infrastructure

Noble Energy makes oil discovery off Equatorial Guinea – Minister

28th August 2019

By: Reuters

  

Font size: - +

Noble Energy has made a new discovery in Block 1 offshore Equatorial Guinea, with the US company expecting to produce new oil by tapping into existing infrastructure by October, the oil minister said on Tuesday.

"We are excited to announce this discovery, which could not have come at a more opportune time," Gabriel Obiang Lima, minister of hydrocarbons and mines, said in a statement.

Obiang Lima said the Aseng 6P well was drilled to a depth of more than 4 000 m and Noble was in the process of connecting it to existing infrastructure in the Aseng field, which has five subsea wells connected to a floating production storage and offloading (FPSO) vessel.

Noble Energy is the operator of Aseng with a 40% interest and counts Glencore, Gunvor and Atlas Petroleum as partners, the hydrocarbons and mines ministry said.

"When companies drill offshore Equatorial Guinea their likelihood for a discovery is real," Lima said of the OPEC member positioning itself as an emerging West African gas hub.

Edited by Reuters

Comments

Showroom

Environmental Assurance (Pty) Ltd.
Environmental Assurance (Pty) Ltd.

ENVASS is a customer and solutions-driven environmental consultancy with established divisions, serviced by highly qualified and experienced...

VISIT SHOWROOM 
WearCheck
WearCheck

Leading condition monitoring specialists, WearCheck, help boost machinery lifespan and reduce catastrophic component failure through the scientific...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.14 0.184s - 90pq - 2rq
1:
1: United States
Subscribe Now
2: United States
2: