The Energy Republic February Edition 2022

TOP STORY
It will show that we are advancing natural gas
development and infrastructure while
supporting low-carbon investments.
"With the financing in place, not only will
African companies be able to produce oil and
gas, but they also will support local community
development, develop green energy markets,
and create jobs.
"The financing also will allow African
companies to upgrade their refineries, an
urgent need addressed by Anibor Kragha the
Executive Secretary of African Refiners and
Distributors Association during African Energy
Week, so they can produce cleaner fuels.
“
For many African countries,
the oil and gas industry
represents our best shot
at giving millions of Africans
the kind of jobs, living
standards, and stability
that developed countries
have enjoyed for well
over a century.
We must hold fast to those goals and do what it
takes to achieve them," Ayuk concluded.
In conclusion, Africa still has an opportunity to
further entrench the Continent's position as the
world's most attractive investment destination,
which can be achieved through deliberate
actions such as developing a roadmap to drive
more investmment and boost local content
development in the supply chain of its oil and
gas industry going forward..
The transition to clean energy will mean less
dependence on fossil fuels. Africa's share of
global oil consumption is estimated at roughly
9%.
Eni Commences Production from Ndungu Project in Block 15/06,
Deep Offshore Angola
Eni started production from Ndungu
Early Production (EP) development
project, in Block 15/06 of the Angolan
deep offshore, via the Ngoma Floating
Production Storage and Offloading (FPSO)
vessel.
The start-up of Ndungu EP is yet another
example of how Eni Angola, in full cooperation
with Agência Nacional de Petróleo, Gás e
Biocombustíveis (ANPG) and partners, keeps
creating value on Block 15/06 through its
Infrastructure-Led Exploration strategy,
generating a pipeline of fast-track subsea tiebacks,
thus maximizing the utilization of
existing facilities in the area in a sustainable
manner.
Ndungu Early Production project, with an
expected production rate in the range of
20,000 barrels of oil per day (bopd), will sustain
the plateau of the Ngoma, a 100 kbopd zerodischarge
and zero-process flaring FPSO,
upgraded in 2021 to minimize emissions, in line
with Eni’s decarbonisation strategy to achieve
net zero.
A further exploration and delineation campaign
will be performed in the first half of 2022 with
the aim to assess the full potential of the overall
asset of Ndungu.
Ndungu EP is the third start-up achieved by Eni
Angola in Block 15/06 in the last 7 months, after
Cuica Early Production and Cabaca North
Development Project.
Block 15/06 is operated by Eni Angola with a
36.84% share. Sonangol Pesquisa e Produção
(36.84%) and SSI Fifteen Limited (26.32%)
compose the rest of the Joint Venture. Further
to Block 15/06, Eni is the operator of
exploration Blocks Cabinda North, Cabinda
Centro, 1/14 and 28, as well as of the New Gas
Consortium (NGC). In addition, Eni has stakes in
the non-operated Blocks 0 (Cabinda), 3/05,
3/05A, 14, 14 K/A-IMI, 15 and in the Angola
LNG.
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THE ENERGY REPUBLIC I SPECIAL EDITION