Total Expects 100,000 Bpd From Congo's Moho Nord In Early 2017

Reuters

CAPE TOWN, Nov 1 (Reuters) - French oil major Total expects first production from Congo Republic's offshore Moho Nord field to add an extra 100,000 barrels a day when it starts early next year, a senior official said on Tuesday.

Guy Maurice, Africa president for exploration and production, also said the company expected to make a final investment decision on its onshore Ugandan field "by the end of 2017".

"Lower operational expenditure on one side and lower development costs on the other side should lead to the possibility to sanction new developments in a low price environment," Maurice told an African oil and gas conference.

(Reporting by Wendell Roelf; Editing by Tiisetso Motsoeneng)

Copyright 2017 Thomson Reuters. Click for Restrictions.

WHAT DO YOU THINK?

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
Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE



Most Popular Articles

From the Career Center
Jobs that may interest you
Site Manager / Project Manager Fuels
Expertise: Project Management|Site Engineer
Location: Kennesaw, GA
 
Project Accountant
Expertise: Accounting
Location: Nashville, TN
 
Regional Manager - Saybolt
Expertise: Business Development|Operations Management|Surveying
Location: Linden, NJ
 
search for more jobs

Brent Crude Oil : $55.99/BBL 1.04%
Light Crude Oil : $53.99/BBL 0.84%
Natural Gas : $2.63/MMBtu 0.38%
Updated in last 24 hours