Lifua

Location

The Lifua-A project is located in Block 0, offshore Angola, specifically in the Takula Area. It is situated approximately 23 km off the coast of Angola’s Cabinda Province and near the Cabinda Gulf Oil Company (CABGOC)-operated Malongo crude oil and liquefied petroleum gas terminal.

Water Depth and Geology

The project is at a water depth of 70 meters, which is considered shallow water.

Ownership and Operation

The Lifua-A project is operated by Chevron through its Angolan subsidiary, Cabinda Gulf Oil Company Ltd (CABGOC). The ownership structure of Block 0 includes:

• Sonangol EP with a 41% interest
• Chevron (through CABGOC) with a 39.2% interest
• TotalEnergies with a 10% interest
• Eni with a 9.8% interest.

Development and Production

• The development of the Lifua-A field is phased, with the first phase involving the installation of a fixed metallic platform, a stacked template structure platform, six production wells, and four injectors.
• The platform is interconnected with existing facilities in the Takula Area and is expected to produce a total of 6,500 barrels of oil per day from the Vermelha and Likouala reservoirs.
• The project utilizes existing facilities and services to reduce development and operational costs, aligning with Angola’s marginal field legislation. Marginal fields are defined as those with less than 300 million barrels in proven oil reserves.

Local Fabrication and Economic Impact

• The equipment for the Lifua-A platform was 100% manufactured in Angola, applying low-cost concepts and technologies with a short manufacturing time. This approach supports the local economy and promotes capacity development within the Cabinda community.

Fiscal Incentives

• The Lifua-A project benefits from fiscal incentives granted under Angola’s marginal field legislation. The Executive Decree 328/18 granted marginal field status to the Lifua, 83-N, Kambala, and N’Dola Sul fields in November 2019.

Production Model

• The Lifua-A project is the first field developed using the “factory model,” which focuses on delivering low-cost, short-cycle, and economic development of new fields by leveraging spare capacity in CABGOC’s existing infrastructures. This model aims to optimize production, promote the local economy, and have a direct impact on the capacity development of the Cabinda community.

Employment and Economic Contribution

• The project is expected to create approximately 300 direct jobs and contributes to the overall economic recovery and growth of Angola’s oil sector.

Timeline

• The platform was under construction in the Malongo camp in Cabinda and was launched into the sea in 2023.
• Production at the Lifua-A project commenced in March 2023.

Integration with Other Projects

• The Lifua-A project is part of a broader set of expansion projects in Block 0, which includes other fields such as Lifua B, Lifua C, South N’Dola, Kambala, 83N Phase 1 and 2, and the Sanha Lean Gas Connection (SLGC) project.

Overall, the Lifua-A project represents a significant step in optimizing the production from marginal fields in Angola, leveraging innovative solutions and existing infrastructure to enhance economic viability.