Project Profile
Value: US$1,000 million
Location: Offshore Angola
Water depth: 3,272m
Area: 5,349 sq km
Start-up Year: 2016
The project will see the field developed using an FPSO, which will have a two million barrel storage capacity, a single stacked deck, external turret and tandem offloading. The topsides for the vessel, which is expected to be a converted tanker, will be in around 14,000 tonnes. The development of Palas, Astrea and Juno, known as SE1 or PAJ, will require 34 subsea trees, five two-slot manifolds, two four-slot manifolds, 80km of umbilicals, 171 km of flowlines and eight risers.
Operators:
BP Angola: Operator with 26.67% interest
Sonangol (Sociedade Nacional de Combustiveis de Angola): 20% interest
Esso Exploration and Production Angola: 25% interest
Statoil Angola A.S.: 13.33% interest
Sinopec: 10% interest (after Marathon oil farm out in June 2012)
Total E&P Angola: 5% interest
Contractors:
DOF Subsea Angola: Well positioning, acoustic rig moves and verification services
SBM (Single Buoy Moorings): Provision of FPSO
Technip: engineering and modification services on two FPSO vessels
Oceaneering: Field Support Vessel Services contract with for work offshore Angola on Blocks 18 and 31. Under this contract term extension, Oceaneering will continue to provide project management, engineering, and vessel services through January 2017. Two chartered vessels, the Ocean Intervention III and the Bourbon Oceanteam 101, will continue to be supplied during the contract term extension. Each vessel is outfitted with two Oceaneering work class remotely operated vehicles (ROVs) capable of working in 3,000 meters of water. The contract scope of work includes light subsea construction and inspection, maintenance, and repair services on existing and future subsea infrastructure.