French oil company Total started oil production from the Moho Nord deep offshore project, located 75 kilometers offshore Pointe-Noire in the Republic of the Congo, the company announced on Wednesday.
The project has a production capacity of 100,000 barrels of oil equivalent per day, according to the company's press release.
The Moho Nord field is developed through 34 wells tied back to a new tension leg platform, the first for Total in Africa, and to Likouf, a new floating production unit, according to the press release.
Total will process the oil from wells in Likouf and then export by pipeline to the Djeno onshore terminal, also operated by Total.
''There will be no routine flaring and the all-electric design will improve energy efficiency by optimizing the amount of power needed to run the installations. All the produced water will be re-injected into the reservoir,'' it said in the press release.
“Moho Nord is the biggest oil development to date in the Republic of the Congo. A showcase for Total’s deep offshore operational excellence, it consolidates our leading position in Africa.” Total's Exploration & Production President, Arnaud Breuillac said in the press release.
“Moho Nord will contribute to the reinforcement of the cash flow of the group and to its production growth,” Breuillac added.
Total is the operator of the project with a majority 53.5 percent interest. Its partners are Chevron Overseas (Congo) Limited with 31.5 percent and Societe Nationale des Petroles du Congo with 15 percent.
By Muhsin Baris Tiryakioglu