ENI: FPSO Soon Ready to Start Work at East Hub Development Project

Italian energy firm Eni announced Friday that the Armada Olombendo floating production, storage and offloading (FPSO) vessel will soon be ready to travel to Block 15/06, offshore Angola, for the East Hub Development Project.

First oil from the East Hub Development Project is planned by the first half of 2017. This follows the successful stream of start-ups in the West Hub Project, in the same Block 15/06, which is the only Block of those awarded in the 2006 bid round that has achieved production.

The East Hub Development Project encompasses nine subsea wells, of which five are producers and four are water injectors, in water depth ranging between 1,476 feet and 1,804 feet. The hydrocarbons which are produced from these wells will be transported via a pipeline system to the FPSO to be treated and stored prior to export.

Eni is the Operator of Block 15/06 with a 36.84 percent stake. The other partners in the joint venture are Sonangol Pesquisa e Produção (36.84 percent) and SSI Fifteen Limited (26.32 percent).



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