Name and Location
Moho-Nord joint development project, Republic of Congo (RoC).

Client
Chevron Corporation through its subsidiary Chevron Overseas (Congo). Chevron Overseas (Congo) has a 31.5% working interest, along with Total E&P Congo (53.5% interest and operator) and the national oil company, Société Nationale des Pétroles du Congo (15%).

Project Description
Situated about 75 km offshore, south-west of Pointe-Noire, in water depths ranging from 450 m to 1 200 m, the Moho Nord joint development is the largest-ever oil and gas project in the RoC.

The Moho Bilondo Phase 1 bis project includes wells tied back to an existing floating production unit, with a processing capacity of 40 000 bbl/d of oil.

Production in the permit area began in 2008 with the Moho Bilondo 1E development.

The Moho Nord project involves a tension leg platform, a floating production unit with a processing capacity of 100 000 bbl/d of oil and a new 80 km pipeline to the onshore Djeno terminal.

The joint development will produce 140 000 bbl/d of crude oil at its peak production in 2017.

Value
The project is expected to cost $10-billion.

Duration
First oil from the Moho Bilondo Phase 1 bis project is expected in 2015 and from the Moho Nord project in 2016.

Latest Developments
In March, Chevron Corporation announced that its subsidiary, Chevron Overseas (Congo), would proceed with the joint development of the Moho Bilondo Phase 1 bis and the Moho Nord projects as the company’s latest deep-water developments off the shore of the RoC.

Key Contracts and Suppliers
None stated.

On Budget and on Time?
Not stated.

Contact Details for Project Information
Chevron Corporation, Jim Craig, tel +1 646 416 0191.