Picture of Sasol logo

SSL — Sasol News Story

0.000.00%
us flag iconLast trade - 00:00
Basic MaterialsAdventurousLarge CapSuper Stock

Eni drills wildcat well in Angoche Basin offshore Mozambique (updated)

(Adds details)
       CAPE TOWN, April 20 (Reuters) - Italian oil company Eni
 ENI.MI  is drilling its Raia-1 well located in Block A5-A of
the Angoche Basin offshore Mozambique, a spokesperson said on
Thursday.
    Operator Eni was awarded the Exploration and Production
Concession Contract (EPCC) in 2018 together with partners Sasol
 SOLJ.J  and Mozambique's ENH as part of the country's 5th
bidding round.
    The area is offshore the coast near Angoche, in Nampula
Province, in water depth from about 300 meters to 1,800 meters. 
    The Angoche Basin lies between the northern Rovuma Basin, a
prolific field with multiple huge gas discoveries, and the
Mozambique Basin to the south.
    According to a note from Welligence Energy Analytics, Raia-1
is being drilled by the West Capella drill ship which has been
offshore the southern African country since early April and is
under contract until the end of May.
    The Eni spokesperson did not confirm any details beyond the
fact they were drilling in the Angoche Basin. 

 (Reporting by Wendell Roelf;
Editing by Gareth Jones and Emelia Sithole-Matarise)
 ((wendell.roelf@thomsonreuters.com; +27 21 461 3523;))

Recent news on Sasol

See all news