exploration & production in africa
The continued development of Africa’s energy sector is a critical factor in contributing to the continent’s growth potential. Through Chevron’s major investments in several African countries, we’re building on our existing assets and pursuing new opportunities—as we’ve done in Africa for more than a century. Today, we’re the third-largest oil producer in Nigeria and one of its largest investors. We rank among Angola’s top petroleum producers. And in both countries, we’re investing billions of dollars in major energy projects. Other areas on the continent where the company holds interests include Democratic Republic of the Congo, Liberia, Mauritania, Morocco and Republic of the Congo.
a major breakthrough in Nigeria
We made a major breakthrough in 1998 with our discovery of the deepwater Agbami Field, offshore Nigeria, which we currently operate through a complex of subsea wells connected to one of the world’s largest floating production, storage and offloading vessels. We hold acreage positions in eight additional deepwater exploration and production blocks in the country; six of the nine deepwater blocks are nonoperated. We also operate and hold a 40 percent interest in eight concessions, predominately in the onshore and near-offshore regions of the Niger Delta, under a joint-venture agreement with the Nigerian National Petroleum Corporation.
investing in Angola
In Angola, our major operations include two exploration and production concessions—Block 0, off the coast of Cabinda Province, and Block 14, in deep water. We’re also developing Mafumeira Sul, an offshore liquids and natural gas project, and the Nemba Enhanced Secondary Recovery Project. And we have a 36.4 percent interest in the 5.2 million-metric-ton-per-year Angola liquefied natural gas (LNG) plant in Soyo—the world’s first LNG plant supplied with associated gas, which is natural gas produced as a byproduct of crude oil production.
looking to the future
Based on investments we’re making today, we foresee a bright future in Africa.
In 2015, we achieved first production for the Lianzi Project in the unitized offshore zone between Angola and Republic of the Congo, the first cross-border development in the region, as well as the Moho Bilondo Phase 1b Project offshore Republic of the Congo and Agbami 3 in Nigeria. And we’re nearing completion of the Congo River Canyon Crossing Pipeline, which will enable us to deliver gas from Angola’s offshore Blocks 0 and 14 to the Angola LNG plant.
Efforts to commercialize natural gas and eliminate routine flaring in Nigeria’s Escravos area include two projects. At the Escravos Gas Plant, the Phase 3B Project hook-up and commissioning of the topsides of the Meren gas gathering and compression platform were completed and project startup was achieved in June 2015. And at the Sonam Field Development Project, construction of offshore facilities is ongoing, and first production is expected in 2017.