Total, French oil and gas giant, has launched an infographics showing its Moho Nord development in Congo. The company describes the project as the “the biggest oil project to date in the Republic of the Congo”.
To remind, Total in March last year announced the final investment decision and EPC contract awards for the Moho Nord development, consisting of the Moho-Bilondo Phase 1bis and Moho Nord projects.
First oil is expected in 2015, with output reaching 140,000 barrels of oil equivalent per day (boe/d) in 2017. The joint development represents an investment of US$10 billion.
Located approximately 75 kilometers from Pointe-Noire and 25 kilometers west of N’Kossa in water depths ranging from 450 to 1,200 meters, the Moho Nord project will target additional reserves in the southern part of the license (Phase 1bis) and new reserves in the northern part (Moho Nord). The additional reserves are estimated at approximately 485 million barrels of oil equivalent.