USD 76.0404

+0.27

EUR 86.8609

-0.03

BRENT 86.54

0

AI-92 47.4

+0.01

AI-95 51.74

0

AI-98 59.89

+0.01

Diesel 55.22

-0.01

347

Congo a New Perspective Oil Producer

Democratic Republic of Congo Director General of Petroleum Projects Joseph Pili Pili is sure that the future of oil is not in Saudi Arabia, it is in the Congo

Congo a New Perspective Oil Producer

When speaking at the 15th Annual Africa Upstream Conference in Cape Town, South Africa Joseph Pili Pili expressed assurance of his contry's great future in oil industry.

Pili Pili told about petroleum potential in the Tanganyika Basin and the Central “Super Giant” Basin. The two basins combined cover over 1.4 million sq km.

The Tanganyika Basin, within Lake Tanganyika, reaches water depths of 1,400 meters, and is on trend with the Albertine Basin. Pili Pili reports that various aerial surveys show heavy oil seeps. In addition, oil seeps and tar balls along the coast are commonly found. The Tanganyika sub basin is divided into nine blocks.

Pili Pili also provided delegates with a look at the very brief drilling history in the country back in the 1950s and 1970s by the majors Fina and ExxonMobil respectively. He pointed out how today’s improved seismic technology will assist new explorers to better target the reservoir.

Author: Ksenia Kochneva


Follow us on Facebook
Advertising at neftegaz.ru

Subscribe to our newsletter

of the best materials Neftegaz.RU

* Incorrect E-Mail Address

By clicking the "Subscribe" button I accept the "Agreement on the processing of personal data"


Advertising at neftegaz.ru