Ammat Global Resources has announced an ambitious growth strategy for exploration and production in the Republic of Congo, aiming to increase the company’s oil and gas output by 70% over the next five years.
The expansion plan targets the company’s offshore Loango and Zatchi fields and supports the Republic of Congo’s national objective of raising oil and gas production to 500,000 bpd. The strategy includes revamping production platforms at Zatchi field and reactivating wells as well as replacing outdated pumps to bolster productivity at Loango field. In 2024, Ammat Global Resources modernized three production platforms at Loango and increased production at both the Loango and Zatchi fields by 75%, with output rising from 4,000 bpd to 7,000 bpd since the launch of the company’s comprehensive development plan in 2024.
Central to Ammat Global Resources’ Congolese energy strategy is infrastructure modernization and gas utilization, with a strong focus on maximizing production and enhancing the value of gas for self-consumption by its turbogenerators from the Loango field. The strategy aligns with a goal set by the Republic of Congo to double power generation capacity to 1,500 MW by 2030 through optimal exploitation of the country’s 10 trillion cubic feet of natural gas reserves.
Ammat Global Resources’ expansion strategy also places the company at the forefront of the Republic of Congo’s emerging Gas Master Plan – an integrated strategy centered on infrastructure expansion, own gas valorization and sustainable economic growth.
