Afentra increases holding in two offshore Angola blocks

Afentra increases holding in two offshore Angola blocks

Offshore staff

LONDON — Afentra has completed its acquisition of extra interests in two blocks offshore Angola from Azule Energy.

The deal lifts Afentra’s share of Block 3/05 to 30% and in Block 3/05A to 21.33%. Combined gross production from the blocks had been averaging about 23,000 bbl/d.

A light well intervention program that started last year continues with a further 45 interventions planned over two campaigns.

05.23.2024

Courtesy Afentra’s “Sonangol Completion Update 8 December 2023” presentation

Blocks 3/05 and 3/05A

Source link : https://www.offshore-mag.com/regional-reports/africa/article/55042201/afentra-increases-holding-in-two-offshore-angola-blocks

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Publish date : 2024-05-23 03:00:00

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