Petroleum Africa
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Tuesday, January 24, 2006
Esso Exploration Angola (Block 15) Limited has signed an agreement with SBM Offshore for SBM to move forward with project development activities for two FPSOs for the Kizomba C.
The contracts will be between Esso and the Sonangol/SBM Joint Venture companies Sonasing and OPS. The fee structure of the contracts and the duration of the leases will be disclosed after signing of the contracts.
These new FPSO conversions will be an extension of ExxonMobil’s Early Production System (EPS) concept, with enhanced processing capacity. The FPSOs will be installed at the Mondo and the Saxi-Batuque fields in water depths of approximately 700 meters. The units will be based on the conversion of VLCCs taken from SBM’s inventory.
Each FPSO will be designed to have a capacity to produce 100,000 bpd and will have a storage capacity of close to two million barrels. The FPSOs, moored by external turrets, will further be fitted with large capacity water and gas treatment and reinjection facilities as well as the related power generation equipment.
SBM predicts that the two FPSOs will be completed and installed on the Kizomba C development by the second quarter 2008.
SBM also reported that it has received an order from the Willbros Group for a supply of Catenary Anchor Leg Mooring systems. The systems will be used on the Escraovos GTL terminal in Nigeria.
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