Chevron starts production at Mafumeira Sul, offshore Angola

3/8/2017

SAN RAMON, California -- Chevron Corporation announced today that its subsidiary, Cabinda Gulf Oil Company (CABGOC) Limited, has commenced oil and gas production from the main production facility of the Mafumeira Sul project, offshore Angola.

“This milestone supports our priority of completing major projects and improving free cash flow,” said Jay Johnson, executive V.P., Upstream, Chevron Corp.

“The Mafumeira Sul project generates new production and value for Angola, our partners and the corporation.” Located 15 mi offshore Cabinda province in 200 ft (60 m) of water, Mafumeira Sul is the second stage of development of Mafumeira field in Block 0. It has a design capacity of 150,000 bbl of liquids and 350 MMcfgd.

Early production from the project commenced in October 2016 through a temporary production system. Ramp-up to full production is expected to continue through 2018. CABGOC is the operator and holds a 39.2% interest in Mafumeira Sul. Chevron's partners are Sonangol EP (41%), Total (10%) and ENI (9.8%).

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