BP starts Angola production

Henrique Malungo/BP Exploration (Angola) Limited

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Eoin O'Cinneide

 31 January 2013 08:59 GMT

BP has started production from one of the largest subsea developments in the world as flows from the PSVM development off Angola got under way on Thursday.

Production from the development in Block 31, operated by the UK supermajor, is set to hit 70,000 barrels per day of oil before more than doubling over the coming year as two other fields come on line.

PSVM is being exploited with a Modec-owned floating production, storage & offloading (FPSO) vessel, with four different fields involved. The unit has 1.6 million barrels of storage capacity and is the first FPSO to work Angola's ultra-deepwater plays.

Initial production is coming from the Plutao field before the Saturno, Venus and Marte fields come onstream.

BP chief…

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