Noble Makes Discovery off Equatorial Guinea

web AdobeStock_255391020.jpg

Noble Energy has made a new discovery in Block 1 offshore Equatorial Guinea, with the U.S. company expecting to produce new oil by tapping into existing infrastructure by October, the oil minister said on Tuesday.

"We are excited to announce this discovery, which could not have come at a more opportune time," Gabriel Obiang Lima, minister of hydrocarbons and mines, said in a statement.

Obiang Lima said the Aseng 6P well was drilled to a depth of more than 4,000 metres and Noble was in the process of connecting it to existing infrastructure in the Aseng field, which has five subsea wells connected to a floating production storage and offloading (FPSO) vessel.

Noble Energy is the operator of Aseng with a 40% interest and counts Glencore, Gunvor and Atlas Petroleum as partners, the hydrocarbons and mines ministry said.

"When companies drill offshore Equatorial Guinea their likelihood for a discovery is real," Lima said of the OPEC member positioning itself as an emerging West African gas hub.


(Reporting by Wendell Roelf; Editing by David Goodman)

Floating Production Week delivers unrivaled overview, insight and analysis to the Offshore Floating Production Systems and Technology market

Floating Liquefaction and Regasification Report And Online Database

  • Annual reports -- Our new 150-page report is the first professional effort to systematically look at the universe of FLNG and FSRU projects in the planning stage – and categorize the likelihood of each making the development investment hurdle.
  • Online database -- The online database is updated every day – with information direct from primary sources. The database is fully searchable. Customized charts and spreadsheets can be directly produced from the database.
  • Customer support -- We are available to assist with technical questions about information in the database and reports -- and assist with any questions about using the database search tools.

Here's what you get!

Request Free Trial