On Dec.24th-25th, Sinochem’s 549,513 barrels of equity oil from its OUDNA oilfield was loaded and than shipped to Exxon Mobil’s refinery in Italy.
Oudna oilfield is Atlantis’s assets. And Atlantis, in turn, was purchased by Sinochem in 2003. Sinochem now holds 50% of interests in Oudna and started its development in 2005. On Mar.28th, 2006, Oudna-3 has its well test and got the high-yield oil flow. On Nov.12th, Oudna was formally put into operation. The per day output since than gradually climbed to 20,000 barrels and become quite stable since the beginning of Dec.