Luanda 20 October 2020 - The bp Angola contracted drillship DS-12 arrived in Angola on 28 September to execute the drilling program for the development campaign of the Platina project, a subsea tie-back to Greater Plutonio FPSO.
It will be the second phase of development in Block 18 – the Greater Plutonio project started up in 2007 - and bp’s first operated development in Angola since the PSVM project in Block 31 which began production in 2012.
The project entails unlocking 44 million barrels of oil estimate reserves and will add at peak 30 thousand barrels of oil per day to block 18 production.
‘’The progress of Platina project underpins bp’s commitment to Angola by delivering additional production in support of the company and the Government’s long-term strategy for oil and gas production. We are also proud that thanks to amazing work from our teams and collaboration with our partner SINOPEC, we are delivering this project with 20% CAPEX reduction, 10% of increased reserves, and 12 months of schedule improvement.
Adriano Bastos, Senior Vice-President, bp Angola
“We are delighted to have a rig back in Angola. Although it is a challenging time for operations due to the COVID-19 pandemic, we managed to keep the project on schedule and have been working closely with the National Concessionaire (ANPG), our partner SINOPEC and Angola health authorities to ensure all measures and mitigations are in place to protect our colleagues, especially those offshore.
- Jim O’Leary, VP Wells for Africa, bp
The rig will drill and complete 4 wells (2 production and 2 injection) in Platina field Development. Two cargo vessels will support the rig, one of which is equipped with remote operating vehicles (ROV) for operations support and well control emergency response.
About bp in Angola
bp is an integrated energy company and one of the largest foreign investors in Angola, having invested more than $30 billion in the past 30 years. Through our operated and partner-operated blocks we have delivered around 15% of Angola’s oil production since 2003.
bp is the operator of blocks 18 and 31 in deep and ultra-deep waters of the Lower Congo Basin. We are also partners in blocks 15, 17, 20 as well as the Angola LNG (ALNG) Plant in Soyo and the New Gas Consortium.
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