BP and Eni's joint venture, Azule Energy, has made a gas discovery in an offshore block in the Congo Basin in Angola, the country's National Agency of Petroleum, Gas and Biofuels (ANPG) said Friday.
The gas discovery was made in the Gajajeira-01 exploration well in block 1/14. The block's operator and 35% stakeholder is Azule Energy. Equinor holds 30%, Sonangol E&P holds 25% and Acrep owns 10%, the ANPG said.
Preliminary results and fluid samples indicate several reservoirs with good mobility. Initial assessments suggest that gas volumes at the site may exceed 1 trillion cubic feet, with up to 100 million barrels of associated condensate, the ANPG said.
The results also confirm the presence of a hydrocarbon system, opening up new exploration opportunities in the area, it added.
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