The field is located 30 km offshore in a water depth of 40 meters and straddles two concession areas, Oil Mining Lease (OML) 99 operated by EPNL and OML 70 operated by Mobil Producing Nigeria Unlimited, a subsidiary of ExxonMobil.
EPNL, operator with a 30.4% interest, is partnered with the Nigerian National Petroleum Corporation (NNPC) and Mobil Producing Nigeria.
Furthermore, the NNPC/EPNL joint venture (NNPC 60%, EPNL 40% operator) has put into place a new floating storage and offloading (FSO) facility, replacing the FSO Domy, that collects production from Amenam/Kpono as well as from Odudu and Ofon located respectively in OML 100 and 102. The new FSO Unity has a storage capacity of more than 2.4 million barrels of oil. The combined investment for these two projects is $1.4 billion.
"We are proud to bring this important project on-stream on-time and within budget. Amenam/Kpono fits within the Group's strategy of increasing production by an average of 5% annually over the next 5 years", declares Christophe de Margerie Total's President Exploration and Production
"It was extremely important for us to contribute to local communities," continues Mr. de Margerie. "We worked closely with international non-governmental organizations to put into place sustainable development programs that would provide long-standing and tangible benefits for the people of Nigeria."
In line with Total's environmental policies, there will be no gas flaring. Associated gas will be re-injected and in a second phase part of this associated gas will be transferred to the Nigerian liquefied natural gas (LNG) Bonny plant for export.
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