Eni Teams up with SNPC to Explore Cuvette Basin

Italy's Eni announced Thursday that it is teaming up with Congolese state company Société Nationale des Pétroles du Congo (SNPC) to jointly search for hydrocarbons in the Ngolo block, which is part of the little-explored Cuvette Basin.

Located some 220 miles northeast of Congelese capital Brazzaville, the block covers an area of approximately 6,000 square miles.

Eni Congo will participate as operator in the joint venture with SNPC for the exploration of the block. The Republic of Congo's Ministry of Hydrocarbons assigned the Ngolo exploration license to SNPC in mid-July.

Exploration activities will take place over a period of 10 years and they will target the Mesozoic and Paleozoic sedimentary geological sequences.

Eni said that the exploration activities on Ngolo, due to begin during the next few months, will be carried out using the most sophisticated prospecting techniques including "remote sensing" and geophysical surveys.

Have a news tip? Share it with Rigzone!
Email news@rigzone.com


Click on the button below to add a comment.
Post a Comment
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Related Companies

Our Privacy Pledge

More from this Author
Rigzone Staff
e-mail us at news@rigzone.com
 -  Genel can 'Plan with Confidence' in 20... (Jan 24)
 -  Savannah: Niger R3 License Area 3D Sei... (Jan 24)
 -  BridgeTex to Boost Capacity of Permian... (Jan 24)
 -  Petronas: LNG Train 9 in Sarawak Moves... (Jan 23)
 -  Xodus Wins Apache North Sea Well Contr... (Jan 23)

Most Popular Articles

From the Career Center
Jobs that may interest you
Pilot - Aviation
Expertise: Business Development|Helicopter Pilot / Operations
Location: Houston, TX
Senior Substation Engineer
Expertise: Engineering Manager
Location: Florida, FL
Business Development Manager
Expertise: Business Development|Sales|Structural Engineering
Location: Los Angeles, CA
search for more jobs

Brent Crude Oil : $55.23/BBL 0.46%
Light Crude Oil : $52.75/BBL 0.62%
Natural Gas : $3.24/MMBtu 1.25%
Updated in last 24 hours