Edition:
United Kingdom

Galp Informs About Start Of Production Of Block 32 Kaombo In Offshore Angola


Friday, 27 Jul 2018 

July 27 (Reuters) - Galp Energia SGPS SA ::INFORMS ABOUT START OF PRODUCTION OF BLOCK 32 KAOMBO, IN OFFSHORE ANGOLA.DEVELOPMENT PLAN OF KAOMBO COMPRISES TWO FPSO UNITS, EACH ESTIMATED TO PRODUCE 115 THOUSAND BARRELS OF OIL PER DAY.TOTAL VOLUMES TO BE RECOVERED FROM THE FIELDS ARE ESTIMATED AT AROUND 650 MILLION BARRELS OF OIL.SAYS OWNS A 5% STAKE IN THE CONSORTIUM FOR THE DEVELOPMENT OF BLOCK 32.