Agip starting two fields off Congo (Brazzaville)

07/23/2001
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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