Aker Scores FPSO Installation Deal Offshore Angola

MODEC Offshore Production Systems awarded Aker Marine Contractors a mooring installation contract for hook-up of the Bourgogne FPSO offshore Angola. MODEC will supply the PSVM FPSO to BP for their PSVM development in Block 31.

Currently being converted from a tanker, the double-hulled PSVM FPSO will have a storage capacity of 1.6 MMbo and a processing capacity of 157,000 bopd. Located on Block 31 in the ultra-deepwaters of Angola, the PSVM project is a hub field development that will produce from the Plutao, Saturno, Venus and Marte oil fields.

Production is expected to begin in 2011 with a peak production of 150,000 bopd being reached on PSVM by 2012. BP serves as operator of Block 31 with a 26.7% interest.

continue reading about PSVM on SubseaIQ

continue reading the full article

Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE


Most Popular Articles


From the Career Center
Jobs that may interest you
Dispatcher
Expertise: Dispatcher
Location: Greeley, CO
 
Frac equipment operator
Expertise: Wireline
Location: San Antonio, TX
 
Hydraulics Technician - West Texas
Expertise: Field Service Tech
Location: West, TX
 
search for more jobs

Brent Crude Oil : $50.56/BBL 0.15%
Light Crude Oil : $47.7/BBL 0.70%
Natural Gas : $3.05/MMBtu 1.32%
Updated in last 24 hours