Chevron pushes Mafumeira Sul button

ROB WATTS

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Eoin O'Cinneide

 06 February 2013 14:35 GMT

Chevron has given the green light to the second stage of development of the Mafumeira field off Angola.

The John Watson-led US supermajor has taken the final investment decision on the $5.6 billion Mafumeira Sul project, it revealed on Wednesday.

The monster project, situated in Block 0, calls for 50 wells, two wellhead platforms, a central processing and compression facility and approximately 121 kilometres of subsea pipelines.

The project would follow the initial development, Mafumeira Norte, which achieved first oil in 2009 and currently produces 40,000 barrels of oil per day.

Mafumeira Sul is expected to reach first oil in 2015 and build toward peak total daily production of 110,000 bpd and 10,000 barrels of…

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