Project Profile
Value: US$2,000 million
Location: Block 31, offshore Angola
Water depth: 2,000m
Production: 150,000 bpd
Start-up year: 2011
The project will see the development of the North East, which will consist of four ultra deep-water fields - Marte, Plutao, Saturno and Venus. PSVM will comprise of a converted hull Floating Production, Storage and Offloading (FPSO) vessel with a storage capacity of 1.6m bbl. The field will have 48 production, gas and water injection plus infill wells, 15 manifolds and associated subsea equipment, 170km of flowlines and 95km of control umbilicals. The area lies in a water depth of 2,000m. The project will produce at around 130,000 b/d.
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:
2H Offshore Engineering: Risers
Aker Subsea AS: Subsea umbilicals contract
Atkins Boreas: Production optimisation
Cameron: Subsea production systems
Dresser-Rand A.S.: Four power generation packages for FPSO
Duco Ltd.: Umbilicals contract
DOF Subsea Angola: EPC - Well positioning, acoustic rig moves and verification services
Dresser: Emergency shutdown system
Expro Group plc.: Completion landing string technology
FMC Technologies: FEED - Trees and manifold
Global Energy Group: CFU skid and skim vessel skid fabrication contract
Granherne (KBR): Pre-FEED - Surface facilities
Halliburton: Drilling and well completion
Heerema: EPC - Construction and installation of risers and production flowlines
J P Kenny: Pre FEED – Flowlines
Modec Inc. (Mitsui Ocean Development & Engineering Co): FPSO contract
Proserv: Design and manufacture a subsea sampling system
SOFEC: External turret\'s mooring lines
Subsea 7: EPC - framework installation contract
Technip: Water injection risers, flowlines and jumpers and engineering and modification services on two FPSO vessels
Transocean: Drilling contractor
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.
Sub Contractors:
Aker Marine Contractors US Inc.: Mooring installation contract for hook-up of the Bourgogne FPSO for MODEC
Cabot Corporation: Flowline insulation for Heerema
First Subsea Ltd. (formerly BSW Ballgrab): Mooring connectors for SOFEC
Jurong Shipyard: EPC - FPSO conversion for MODEC
MCS International (Wood Group): Umbilical and riser design verification analysis for JP Kenny
Schlumberger: Real-time riser tension monitoring system for SLHR for Heerema
Toyo Engineering Corporation: FPSO topsides for MODEC