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MINISTRY OF PETROLEUM
ANGOLA - PETROLEUM ACTIVITY
Outline
Introduction Licensing & Exploration Development & Production Oil & Gas Major Projects
Introduction
Location: on the west coast of Africa, south of equator. Shares borders with Democratic Republic of Congo (DRC) on the northeast, with Zambia to the east, and with Nambia to the south. The Congo river estuary and portion of DRC separates the Cabinda province from de rest of Angola along 201 km (109 mi) border.
Republic of Angola
MINISTRY OF PETROLEUM
ANGOLA - PETROLEUM ACTIVITY
Introduction
Angolan continental margin
Three major sedimentary basins
Lower Congo Basin
Kwanza Basin
Petroleum system
Namibe Basin
MINISTRY OF PETROLEUM
ANGOLA - PETROLEUM ACTIVITY
Still to be divided
Ultra-deepwater west area of Lower Congo basin
MINISTRY OF PETROLEUM
ANGOLA - PETROLEUM ACTIVITY
Exploration history
1910 Hydrocarbon exploration start up 1915 First exploration well
Dande -1
1999 Ultra-deepwater exploration start up 2002 First ultra-deep water commercial discovery
Lower Congo basin: Pluto field
MINISTRY OF PETROLEUM
ANGOLA PETROLEUM ACTIVITY
Legal Framework
Petroleum law (law 10/04)
Contractual Arrangements
Production sharing Agreement (PSA) Joint Venture (JV) Risk Contract
MINISTRY OF PETROLEUM
ANGOLA - PETROLEUM ACTIVITY
Offshore Exploration
Deepwater Lower Congo basin 1994 drilling start up Ultra-deepwater Lower Congo basin 2001 - Ultra-deep water drilling exploration start up 90 commercial discoveries
MINISTRY OF PETROLEUM
ANGOLA - PETROLEUM ACTIVITY
MINISTRY OF PETROLEUM
ANGOLA - PETROLEUM ACTIVITY
MINISTRY OF PETROLEUM
ANGOLA - PETROLEUM ACTIVITY
Onshore Exploration
Onshore Lower Congo Basin
Block Cabinda South
- 1 oil discovery (Massambala)
Cabinda South
MINISTRY OF PETROLEUM
ANGOLA - PETROLEUM ACTIVITY
License round
Local private & small/mid foreigner companies ( in partnership with local companies) Offer blocks : KON 11 & KON12 (Bid suspended)
MINISTRY OF PETROLEUM
ANGOLA - PETROLEUM ACTIVITY
Reconaissance phase
A
MINISTRY OF PETROLEUM
ANGOLA - PETROLEUM ACTIVITY
Block 0
Block 2
Block 17
Block 3
Block 18
MINISTRY OF PETROLEUM
ANGOLA - PETROLEUM ACTIVITY
Block 15
Kizomba Satelite First Oil: 2012
MINISTRY OF PETROLEUM
ANGOLA - PETROLEUM ACTIVITY
Block 17
PAZFLOR Cluster Production Plateau: 200,000 Bopd First Oil: 2011
MINISTRY OF PETROLEUM
ANGOLA - PETROLEUM ACTIVITY
MINISTRY OF PETROLEUM
ANGOLA - PETROLEUM ACTIVITY
2.000.000
BBL/DAY
1.500.000
1.000.000
500.000
MINISTRY OF PETROLEUM
ANGOLA - PETROLEUM ACTIVITY
Major Projects
Angola LNG
Facilitate oil field development Reduce gas flaring Monetize gas resource Plant capacity: 5.2 million tpy Plant location: Soyo Estimated cost: $9.2 billion Start up: first quarter 2012
MINISTRY OF PETROLEUM
ANGOLA- PETROLEUM ACTIVITY
Sonaref
New Refinery
Add value to Angolan acid and heavy crude Total production: 7,608,000 MTPY Estimated cost: usd 8.0+ billion Start up: 2014 (110 115 Kb/d) 2015 (200 Kb/d)
MINISTRY OF PETROLEUM
ANGOLA - PETROLEUM ACTIVITY