22 March 2013, Brazzaville – French oil giant, Total, said Friday it has taken final investment decision, FID, on its Moho Nord development off Congo-Brazzaville.
It is now planning for a new floating production unit for the development.
The supermajor is also to build a new tension leg wellhead platform as it puts finishing touches to the project.
The development consists of Moho Bilondo phase 1bis and the Moho Nord projects with first oil expected in 2015.
Although Total said on Friday that it had taken an FID on the development as well as engineering, procurement and construction, EPC, contract awards, it did not reveal any costs or award winners.
