Corcel plc has awarded the contract for the environmental impact assessment at the exploration Block KON-16 in the Kwanza Basin, onshore Angola.
SEISMIC
Eco-Eficiência Lda will evaluate the potential environmental and social impacts of planned 2D seismic acquisition activities, expected to target the first exploration well.
The EIA is due to complete by July 2025, after which and subject to approvals, Corcel will start the tender for 2D seismic.
The company also continues technical and operational work to finalise locations of a seismic acquisition campaign.
“The award of this EIA contract represents an important step forward in our development plans for KON-16,” said chief operating officer Richard Lane.
“We are committed to ensuring all our operations meet the highest environmental standards, and this comprehensive assessment will help guide our responsible development of the block.
“This milestone keeps us on track with our planned timeline for the project and demonstrates our commitment to sustainable development in Angola.”
Corcel has a 49.5% net operated interest in Kon-16 as well as non-operated interests of 18% in Kon-11 in the Tobias field and 22% in Kon-12 in Galinda.