Agip starting two fields off Congo (Brazzaville)

Eni SpA has begun production from Foukanda field off Congo (Brazzaville) in record time for that area, company officials said.Oil production from the field came on stream 3 years and 3 months after its discovery in March 1998, primarily as a result of a lump sum turnkey contract with incentives for on-time delivery of supplies and start-up, said officials. The field was developed at a cost of 150 million euros, with gross reserves of 40 million bbl of oil. Production is expected to peak at 12,000 b/d next year from five wells.The production platform is in 105 m of water on the central Marine VI block. The platform jacket was built at Pointe Noire in the Congo, while its deck was construct...

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