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Eni has announced a new discovery off the shore of Angola, with the well potentially containing up to 250 Mmbbl of light oil.

The Ndungu-1 NFW well, in Block 15/06, has been drilled by the Poseidon drillship just a few kilometres away from Eni’s West Hub site.

According to a report in World Oil, the drill reached a water depth of 1,076 m, achieving a total depth of 4,050 m.

It is thought the well could have a production capacity of as much as – or more than – 10,000 barrels of oil per day.

Ndungu represents the first important oil discovery near the coast of Angola that is inside a Development Area.

As it is just 1.24 miles from the Mpungu field, production could occur at a faster rate as it is already close to the Sub Sea production system. This will allow the oil to be routed to the N’goma FPSO, which would extend the company’s current West Hub plateau.

The Block 15/06 project is a joint venture between Eni, Sonangol P&P, and SSI Fifteen Limited. Its exploration was re-launched in the middle of last year, and Ndungu is the fourth commercial find since then.

Prior to Ngungu, Kalimba, Afoxe and Agogo were discovered over the last year. It is thought they provide a combined production of 1.4 billion barrels of light oil.

This comes after Uganda’s energy and mineral development minster Irene Muloni revealed the government will enable companies to bid for oil exploration licences on seven new exploration blocks on the Albertine Graben site, All Africa reported.

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