Chevron Corporation announced that its subsidiary, Cabinda Gulf Oil Company (CABGOC) Limited, has commenced oil and gas production from the main production facility of the Mafumeira Sul project offshore Angola, Business Wire reported.
As informed by Petroleum Africa, the project has a design capacity of 150,000b/d of liquids and 350mcf/d of gas. Early production from the project commenced in October 2016 through a temporary production system, and ramp-up to full production is expected to continue through 2018.
Chevron Corporation’s Executive Vice President Upstream, Jay Johnson, said: “This milestone supports our priority of completing major projects and improving free cash flow.”
Located 24km offshore Cabinda province in 60m of water, Mafumeira Sul is the second stage of development of the Mafumeira Field in Block 0.
CABGOC is the operator and holds a 39.2% interest in Mafumeira Sul. Chevron’s partners are Sonangol E.P. (41%), Total (10%) and ENI (9.8%).
Chevron Corporation is one of the world’s leading integrated energy companies. Through its subsidiaries that conduct business worldwide, the company is involved in virtually every facet of the energy industry.