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Wednesday, November 25, 2020
BP Angola, together with its partners in the Platina Project and in coordination with the National Oil, Gas and Biofuels Agency (ANPG), recently advanced with drilling in Block 18. The arrival of the Valaris DS-12 drillship offshore Angola allowed drilling work to begin. The project has a direct connection via a submarine to the FPSO Grande Plutónio.
The project has 44 million barrels of oil in estimated reserves, with a projected production rate of 30,000 barrels per day. ANPG states “to these numbers are added other relevant ones, since BP Angola and the contractor group foresee to reduce costs by 20%, increase the reserves initially estimated by 10% and anticipate the completion of the project in 12 months.”
The vessel DS-12 will drill four wells (two for production and two for injection) in the development of the Platina field, with the support of two cargo ships, one of them equipped with remote operating vehicles (ROVs), and the other prepared to provide emergency response.
Paulino Jerónimo, President of ANPG, stresses the importance of the project and the start of work. “We must not forget the difficult period that the market and the sector is going through worldwide. And to emphasize the significance that the commitment of the big operators has for Angola and the work that they continue to do. BP has been an excellent partner and ANPG will continue to do everything so that the work continues and the results satisfy all parties involved.”
BP Angola’s Senior Vice President, Adriano Bastos, added, “the progress of the Platinum project reiterates BP’s commitment to Angola and represents a strong contribution to the achievement of the Government’s long-term strategy in the oil and gas sector. In addition, we are truly pleased that, thanks to the extraordinary work of our teams and the close collaboration with our partner SINOPEC, we are managing to move forward with this project very efficiently. I would like to remind you that we are reducing costs by 20%, we are managing to increase the estimated reserves by 10% and we expect to anticipate completion 12 months.”
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