Panoro Energy says that the Direction Général de Hydrocarbures (DGH) has approved the Development and Production Plan (FDP) for Ruche, which includes the Ruche A (formally Ruche), Ruche B (Tortue), Ruche C (Moubenga) and Ruche D (Walt Whitman) discoveries. The FDP is based on a centrally located Floating Production, Storage and Offloading vessel (FPSO) with sub-sea wells tied back from each of these discoveries.

Front End Engineering Design (FEED) studies are already underway, and once completed a Final Investment Decision (FID) will be taken by the Dussafu partners. FID is scheduled to be made in early Q1-15 and based on the project schedule, production is expected to start in Q4-16.

Tags: Panoro Energy