Angola has launched the US $60m LIFUA-A project in the Northern Cabinda Province. The project which involves building of oil platforms was initiated in the industrial base of Algoa company, in Malembo commune; in the presence of the minister of Petroleum and Natural Resources, Diamantino de Azevedo.
The entire project which is expected to support gas and oil exploration in the Takula-Bloc-0 field, is divided in three phases (LIFUA A, B and C). The first phase includes the delivery of the first platform on the offshore Takula field, in the first quarter of the year 2021.
The minister who witnessed the first steel cut of the Lifua-A project said that the infrastructure has an important significance in the oil industry of the Province of Cabinda. “This enterprise serves as a clear example of the measures that the President of the Republic of Angola, João Lourenço, has been taking in the oil sector, and this infrastructure demonstrates the sense of responsibility towards the country’s provinces due to the youth employment programme”, he added.
The governor of Cabinda, Marcos Alexandre Nhunga, said that the opening of this project in the province will respond to the youth appeal regarding job opportunities. The project which is estimated to cost about US $60m is expected to provide at least 400 jobs.
The event was attended by CABGOC-Chevron’s general director, Dereck Mark, and other officials from the National Oil and Gas Agency (ANPG), Algoa and other members of the association of Bloc-0. The Takula field associated with Bloc-0 has 6 wells, four of which are for oil and gas production. The field is being explored by the contractor groups Chevron, Sonangol and Eni. Lifua-A, B and C will allow the production of new platforms with smaller dimensions, to facilitate water injection and oil exploration.