Home / Knowledge / News / Textiles / Production begins at ExxonMobil Kizomba C project
Production begins at ExxonMobil Kizomba C project
13
Aug '08
ExxonMobil Corporation announced that its subsidiary, Esso Exploration Angola (Block 15) Limited (Esso Angola), has started production from the Saxi and Batuque fields as part of the development progression of the Kizomba C project.

Combined with a third Kizomba C field, Mondo, which came on stream in January, the project is anticipated to reach a total production rate of 200,000 barrels of oil per day later this year. The Kizomba C development is designed to produce a total of approximately 600 million barrels of oil over the life of the three producing fields, which are located approximately 90 miles (145 kilometers) off the coast of Angola in water depths of nearly 2,400 feet (800 meters).

The Kizomba C development includes two floating production, storage, and offloading (FPSO) vessels and 36 subsea wells, making it the largest subsea development operated by an ExxonMobil affiliate worldwide. The twin FPSO vessels are the fourth and fifth production hubs on Block 15, following Xikomba in 2003, Kizomba A in 2004, and Kizomba B in 2005. Total Block 15 production is expected to total approximately 700,000 barrels a day when the Saxi and Batuque fields reach peak production.

"This is another example of integrating ExxonMobil's project management capabilities with developing Angolan businesses and suppliers to deliver exceptional value," said Mark Albers, senior vice president of Exxon Mobil Corporation.

"The timely and cost-efficient development of this resource provides additional production to help meet the world's growing energy demand. Working closely with Sonangol, we have reached another milestone in developing Angola's significant petroleum resources in a manner that maximizes the value of the resource for Angola, co-venturers, and our shareholders."

Nearly $1.5 billion has been spent on local goods and services for Kizomba C, including contracts for in-country fabrication, logistics support, and training and development of Angolan personnel. Angolan participation in the project has increased significantly over time as local companies, working with ExxonMobil and Esso Angola, have developed their capabilities to perform the work required for such complex projects.

The Saxi and Batuque start-up follow other ExxonMobil projects which started producing in 2008: Kizomba C Mondo (Angola), Volve (Norway), Starling (UK), ACG Phase 3 (Azerbaijan), and East Area Natural Gas Liquids II (Nigeria).

With global energy demand growing, and new supplies increasingly found far from the world's major consuming nations, Kizomba C and these other new projects are vital additions to an increasingly interdependent global energy supply network.

In addition to Esso Angola (operator, 40 percent), other co-venturers in Block 15 are BP Exploration (Angola) Limited (26.67 percent), ENI Angola Exploration B.V. (20 percent) and Statoil Angola Block 15 A.S. (13.33 percent). Sonangol is the Concessionaire.

ExxonMobil Corporation


Must ReadView All

US & EU retailers release industry approach to GDPR

Apparel/Garments | On 24th May 2018

US & EU retailers release industry approach to GDPR

The Washington, D.C.-based National Retail Federation and...

Courtesy: Nanollose

Textiles | On 24th May 2018

Nanollose develops fabric from coconuts

Australian technology company Nanollose has developed a sustainable...

Courtesy: Invista

Textiles | On 24th May 2018

Invista moves ahead with Texas technology upgrade project

Invista, a leader in chemical intermediates and fibres, is at the...

Interviews View All

DK Sharma
Velocity Apparelz

We constantly communicate with employees at all levels

Riddhika Shah
SS Homme

'Worsted wool is the ideal fabric for menswear'

Top executives
Textile industry

It will take some time for the people to change their buying choices

Tejas N Patel, Navin D Patel

Founded in 1999 by Navin Patel in the name of Tejas Fabrics with 100...

Harsh Shah

Fynd is the central online shopping destination for fashion, offering...

Paolo Crespi

For.Tex is an Italy-based leading producer of dyes and thickeners, and is...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


May 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Advanced Search