Related Articles
Forward article link
Share PDF with colleagues

Deep-water discoveries in Angolan offshore total 101

Angola’s deep-water areas have yielded 101 substantial oil discoveries, of which 35 have been brought into production through 13 development complexes

Angola's deep waters continue to reward the world’s bolder explorers. With the drilling focus having shifted to areas awarded in 2006, the total of substantial oil discoveries has increased to 101. Driving the drill-bit in coming years will be the offshore pre-salt exploration areas, awarded in 2011. After several slack years, when many projects stalled, development work is also seeing progress. There are 10 fields under development in deep-water areas, to add to the 35 already flowing. Next year should see the start-up of Total’s four-field Clov complex in Block 17 and Eni’s three-field West Hub development in Block 15/06, together adding a peak of 240,000 barrels a day (b/d), while 2015 sh

Also in this section
Latest licensing rounds
25 October 2016
The industry's most comprehensive list of current and recent rounds for onshore and offshore licenses
Light at the end of the tunnel for oil-field services companies
19 October 2016
Firms are clawing back some of their losses, creating tension with producers still relying on cut-rate drilling costs
Latin America takes a hit
14 October 2016
The region’s oil output continues to fall and recovery won’t be swift