Oil In the late 1970s, Congo emerged as a significant oil producer, with production expanding considerably during the 1990s. By the turn of the century, production began to decline as existing oil fields reached maturity. As of 2008, oil production has increased every year as a result of several new projects, mainly Congo's first deep-water field Moho-Bilondo. The Congo is the sixth largest oil producer in sub-Saharan Africa. It has recently renewed its license to operate the "Tilapia I" field, which is being renamed "Tilapia II" under the new license, and is the company's only field in the Congo. ====
Total==== • Djeno Terminal: Operated by Total, the terminal can accommodate
Very Large Crude Carrier Loading. Current production is around 25 thousand barrels a day. LOCODE CGDJE Channel Depth 23.2, tide 8m. • Moho-Bilondo: The first deep-water field to be opened in the Congo, which came online in 2008. Production in 2010 equals 90,000 barrels per day. Operated from a floating production unit 34 meters wide and 12.5 meters high. Located 80 km offshore from the Republic of Congo. Project partners: Total 53.5%,
Chevron 31.5%, SNPC 15%. ====
Eni==== Eni recently announced that it will launch a pilot Oiuls project in 2012. In 2008, Eni and the Congolese Government signed a deal to explore and develop the
oil sands deposit located in Tchikiatanga, with an estimated development cost of $3b. In 2008, Eni began constructing two gas-powered electric power stations. 300 mW power station, Centrale Electrique du Congo, powered from the M'Boundo deposit. Eni currently operates the Nene Marine field located in the Marine XVII block offshore Congo. ====
Pharos Energy==== Block: Marine XI Location: North Congo Basin, offshore Congo (Brazzaville). The Marine XI Block is situated adjacent to the coast in shallow waters with depths ranging up to 110 meters and covering approximately 1,400 square kilometers. Operational phase: Exploration/appraisal SOCO interest: 40.39% (SOCO EPC – Operator) Project partners: World Natural Resources 23.00%, Africa Oil & Gas 13.11%,
Petrovietnam 8.50%,
SNPC 15%.
Dalbit Petroleum Dalbit Petroleum supplies its petroleum products in Eastern DRC through a partnership with Congo Petrol SPRL and directly supplies its products in North Eastern DRC. Dalbit Petroleum supplies remote regions including Kibali,
Twangiza, and
Namoya. In partnership with Congo Petrol SPRL Dalbit Petroleum has provided shelters at
Lubumbashi International Airport. ===
Natural gas=== Congo holds the fifth-largest proved reserves of natural gas in Sub-Saharan
Africa, at 3.2 Tcf, A majority of natural gas around 65% is reinjected and 21% flared. ==References==