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ANGOLA THE OIL INDUSTRY.

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Presentation on theme: "ANGOLA THE OIL INDUSTRY."— Presentation transcript:

1 ANGOLA THE OIL INDUSTRY

2 ANGOLA - THE OIL INDUSTRY
MINISTRY OF PETROLEUM ANGOLA - THE OIL INDUSTRY Outline Introduction Exploration Oil Production Field Development The Future

3 ANGOLA – THE OIL INDUSTRY
MINISTRY OF PETROLEUM ANGOLA – THE OIL INDUSTRY Introduction Angolan Continental Margin Three major sedimentary basins Different exploration history Lower Congo Basin Kwanza Basin Namibe Basin

4 ANGOLA – THE OIL INDUSTRY
MINISTRY OF PETROLEUM ANGOLA – THE OIL INDUSTRY ANGOLAN OFFSHORE CONCESSIONS 35 Concessions Blocks 17 Awarded (6 shallow-water; 7 deep- water and 4 ultra-deepwater) 7 Relinquished; 11 Open To Be Divided: Ultra-Deepwater West Area of Lower Congo Basin and the Ultra-Deep Water of Kwanza and Namibe Basins

5 ANGOLA – THE OIL INDUSTRY
MINISTRY OF PETROLEUM ANGOLA – THE OIL INDUSTRY EXPLORATION Exploration History (1) 1910 – Hydrocarbon exploration start up 1955 – First onshore commercial discovery (Kwanza basin: Benfica field) 1966 – First offshore commercial discovery (Lower Congo basin: Limba field) 1993 – Deepwater exploration start up 1996 – First deepwater commercial discovery (Lower Congo basin: Girassol field) 1999 – Ultra-deepwater exploration start up 2002 – First ultra-deep water commercial discovery (Lower-Congo basin: Plutão field)

6 ANGOLA – THE OIL INDUSTRY
MINISTRY OF PETROLEUM ANGOLA – THE OIL INDUSTRY Exploration History (2) Lower Congo Basin 1993 – Deep-water drilling exploration start up 1996 – 2003 - 55 commercial discoveries (Blocks 14, 15, 17 and 18) - High exploration success rate 2001- Ultra-deep water drilling exploration start up 8 discoveries . Block 31 (4) . Block 32 (3) . Block 33 (1) Exploration activity underway

7 ANGOLA – THE OIL INDUSTRY
MINISTRY OF PETROLEUM ANGOLA – THE OIL INDUSTRY Exploration History (3) Kwanza Basin Exploration drilling start up 1 sub-commercial discovery (Semba-1/ block 24) Blocks 19, 20, 21, 22 and 25 abandoned Block 24 remains under exploration

8 ANGOLA – THE OIL INDUSTRY
MINISTRY OF PETROLEUM ANGOLA – THE OIL INDUSTRY OIL PRODUCTION (1) Block 0 Block 14 Onshore L.Congo Block 15 Block 2 Block 17 Block 3

9 ANGOLA – THE OIL INDUSTRY
MINISTRY OF PETROLEUM ANGOLA – THE OIL INDUSTRY OIL PRODUCTION (2) Country Oil Production History 1975: ~175,000 b/d - Current oil output: over 1,000,000 b/d Associated Gas Production ~1.2 bcf/d ~60% flared Remaining is re-injected/gas lift/LPG extraction

10 ANGOLA – THE OIL INDUSTRY
MINISTRY OF PETROLEUM ANGOLA – THE OIL INDUSTRY MAJOR DEVEL. PROJECTS (1) Block 0 Sanha Condensate Project Recovering of oil , condensate and LPG and reinjection of lean gas - Start Up: 2004

11 ANGOLA – THE OIL INDUSTRY
MINISTRY OF PETROLEUM ANGOLA – THE OIL INDUSTRY MAJOR DEVEL. PROJECTS (2) Block 14 Benguela/Belize/Lobito/Tomboco Cluster Phased Approach Phase 1: Benguela/Belize Phase 2: Lobito/Tomboco First Oil: 2005 Benguela Belize Tomboco Lobito Central

12 ANGOLA – THE OIL INDUSTRY
MINISTRY OF PETROLEUM ANGOLA – THE OIL INDUSTRY MAJOR DEVEL. PROJECTS (3) Block15 Kizomba A Cluster (Hungo & Chocalho) Plateau production: 250,000 b/d On stream since August-04 Kizomba B Cluster (Dikanza & Kissanje) First oil:

13 ANGOLA – THE OIL INDUSTRY
MINISTRY OF PETROLEUM ANGOLA – THE OIL INDUSTRY MAJOR DEVEL. PROJECTS (4) Block 17 Rosa/Lirio/Cravo Dália (stand alone dev.) - Start Up: 2006 - Prod. Plateau: b/d

14 ANGOLA – THE OIL INDUSTRY
MINISTRY OF PETROLEUM ANGOLA – THE OIL INDUSTRY DÁLIA – DEVEL. CONCEPT (Block 17) Water Depth = 1400 m 67 wells Oil 23 ºAPI FPSO Storage Capac. = 2 MMbbl Rate =240 Mbopd Local Content: 17% (Facilities)

15 ANGOLA – THE OIL INDUSTRY
MINISTRY OF PETROLEUM ANGOLA – THE OIL INDUSTRY Block 15 Kizomba C Mondo Batuque/Saxi Block 18 Great Plutónio Plutonio/Cobalto/Galio/Cromio/Paladio Production plateau: 200,000 b/d First oil: 2006 MAJOR DEVEL. PROJECTS (5)

16 ANGOLA – THE OIL INDUSTRY
MINISTRY OF PETROLEUM ANGOLA – THE OIL INDUSTRY GAS PRODUCTION Along With Oil Production, Around ~1.2 BSCFD of Associated Gas Is Produced of Which, ~ 60% Is Flared. Flaring of Associated Gas Represents a Significant Economic Loss and Combustion Products Make a Major Contribution to Environment Damage. A Major Project Will Be Implemented to Reverse the Current Situation:

17 ANGOLA – THE OIL INDUSTRY
MINISTRY OF PETROLEUM ANGOLA – THE OIL INDUSTRY ANGOLA LNG PROJECT LNG Plant Location Plant Capacity: 5 MMTPY Start Up: 2009 (Planned Ammonia/Urea Plant) BLOCK 2 CENTRAL GAS GATHERING HUB

18 ANGOLA – THE OIL INDUSTRY
MINISTRY OF PETROLEUM ANGOLA – THE OIL INDUSTRY The ALNG Project will: Facilitate fields development without flaring of the associated gas Generate revenues from a resource that used to be considered as a by-product in petroleum operations Allow Sonangol to enter to a new business area Be an anchor project for future opportunities in gas utilization and industrial development Generate new jobs opportunities for nationals

19 ANGOLA – THE OIL INDUSTRY
MINISTRY OF PETROLEUM ANGOLA – THE OIL INDUSTRY NEW REFINARY PROJECT The Project - World scale project bpd processing capacity ( heavy oil from Kuito and Dália fields) (Remark: The utilization of this kind of crude enhances project profitability) - High quality products to meet external market specification (incl. Europe and USA)

20 ANGOLA – THE OIL INDUSTRY
MINISTRY OF PETROLEUM ANGOLA – THE OIL INDUSTRY The Out Come From The Peace Exploration and production activities resumed in onshore areas: . Lower Congo and Kwanza basins . Onshore Kwanza divided – 23 Blocks . Extended to interior basins of Kassanje, Etosha and Okawango

21 ANGOLA – THE OIL INDUSTRY
MINISTRY OF PETROLEUM ANGOLA – THE OIL INDUSTRY KWANZA ONSHORE: - 23 CONCESSIONS BLOCKS (AREA: KM2 EACH)

22 ANGOLA – THE OIL INDUSTRY
MINISTRY OF PETROLEUM ANGOLA – THE OIL INDUSTRY THE FUTURE Continue the Exploration Activities in Both Offshore and Onshore Including the Interior Basins to Better Understand the Oil Potential and Guarantee the Replacement of Reserves Being Produced. Secure the Huge Investment Required to Bring on Stream the Remaining Discoveries Awaiting for Development.

23 ANGOLA – THE OIL INDUSTRY
MINISTRY OF PETROLEUM ANGOLA – THE OIL INDUSTRY Increase the Local Content in the Oil Sector and Secure the Employment of Nationals. Take Advantage of Post-War Era and Apply the Revenues Generated by the Oil Sector to Develop Other Sectors. Reach the Production Milestone of 2,000,000 b/d in 2008

24 Thank You Obrigado O Pensador/The Deep Thinker


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