Related Articles
Forward article link
Share PDF with colleagues

Sharp fall in Angola's production capacity

Angola has seen a substantial loss of production capacity as older fields decline

Angola's production capacity has declined sharply over the past year and is now barely higher than the country’s output, of 1.74 million barrels a day (b/d), according to Petroleum Economist’s field-by-field capacity estimates. Rising water-cuts are particularly evident for the country’s earlier deep-water fields, which have been producing for more than 10 years. Although two new developments – Eni’s West Hub in Block 15/06 and Total’s Clov in Block 17 – are due to start flowing in 2014, adding a combined peak of 230,000 b/d in 2015-16, this increment might be little more than the capacity to be lost from older fields over the coming few years. After a spectacular surge of deep-water devel

Also in this section
NLNG strikes while the iron’s hot
20 July 2018
Plans are finally in motion to expand Nigeria’s LNG export capacity
Myanmar faces energy crossroads
20 July 2018
Huge potential in the country’s energy sector faces equally sizeable challenges
IOCs face choppy South China Sea conditions
20 July 2018
Beijing's determination to exert its influence in the South China Sea is causing problems for oil companies active in the region