Eni hits ‘major oil discovery’ offshore Angola

Italian oil company Eni has announced “a major oil discovery” in Block 15/06, in the Agogo exploration prospect, in Angola’s deep water.

The new discovery is estimated to contain between 450 and 650 million barrels of light oil in place with further upside, Eni said on Wednesday.

The Agogo-1 NFW well, which has led to the discovery, is located approximately 180 kilometers off the coast and about 20 kilometers west from the N’Goma FPSO (West Hub). The well was drilled by the Poseidon drillship in a water depth of 1636 meters and reached a total depth of 4450 meters.

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