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Friday, July 15, 2016
Marathon Oil achieved first gas production through its new Alba B3 compression platform offshore Equatorial Guinea. Production from the B3 platform allows Marathon Oil to convert approximately 130 million boe of proved undeveloped reserves, more than doubling its remaining proved developed reserve base in the West African country.
Execution of the Alba B3 compression project involved engineering and construction in four countries with Heerema Fabrication Group serving as the general contractor. An Equatoguinean construction firm fabricated both the platform flare and bridge structures as part of Marathon Oil’s commitment to building local capacity within the country.
“The Alba B3 compression project will allow us to maintain plateau production for the next two years, mitigating base decline, while extending the Alba Field’s life by up to eight years,” said Mitch Little, VP–Conventional.
“I want to highlight that the platform was completed on time and within budget, reflecting strong project management and a close collaboration with the operations team in EG. My congratulations go out to our employees and our international and Equatoguinean business partners who made this success possible.”
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