First oil operations commence at Chad Cameroon oil development project
Posted: 28 July 2003
ChevronTexaco Corp confirmed the achievement of first oil on the
Chad-Cameroon Oil Development and Pipeline Project and the startup
of pipeline fill activities.
Production of approximately 225,000 barrels per day is anticipated
when central treating facilities and drilling operations are completed.
ChevronTexaco is a 25 percent partner in the project consortium.
"This is a tremendous achievement for the people of Chad and
Cameroon, as well as the project partners," said George Kirkland,
president of ChevronTexaco Overseas Petroleum. "As a company,
we are making significant investments in Africa and view the Chad
Cameroon Development Project as one of many components of our African
growth strategy."
Completed one year ahead of schedule, the pipeline will transport
landlocked oil 660 miles from the Bolobo, Miandoum and Kome oil
fields, near Doba, in southern Chad, through eastern Cameroon and
on to an export terminal facility at Kribi, Cameroon in the Gulf
of Guinea.
There the oil will be trans-shipped from a floating storage and
offloading (FSO) vessel, located seven miles offshore, for export
to world markets.
ChevronTexaco's partners are ExxonMobil subsidiary Esso Exploration
and Production Chad Inc. (operator, with 40 per cent) and Petronas
(35 per cent). Project construction began in October 2000.
To celebrate first oil, project inauguration ceremonies will be
held in Chad in late September and in Cameroon in late October.
For more information see http://www.chevrontexaco.com.
Posted by Richard Price,
Editor Pipeline Magazine
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