TechnipFMC

TechnipFMC Awarded a Significant Integrated EPCI Contract for the BP Platina Field in Angola

by with No Comment News

TechnipFMC has been awarded a significant integrated Engineering, Procurement, Construction and Installation contract from BP Angola for the Platina field development, located offshore Angola in Block 18 at water depths ranging from 1,200 to 1,500 meters.

The contract covers the manufacture, delivery and installation of the subsea equipment including subsea trees, a production manifold with associated subsea control and connection systems, as well as rigid pipelines, umbilicals and flexible jumpers.

Arnaud Pieton, President Subsea at TechnipFMC, commented: “We are very pleased to have been selected by BP for this important deepwater development offshore Angola. We are committed to BP and to supporting the Angolan oil and gas industry. This iEPCI follows iFEED work and will utilize our local assets such as our service base in Luanda and our umbilical factory in Lobito.”

Source: https://www.technipfmc.com/

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Adnoc awards Dh1.8bn EPC contract to upgrade Bab onshore field

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Abu Dhabi National Oil Company(ADNOC) awarded a Dh1.8 billion contract to upgrade capacity at its giant onshore Bab field, which produces the emirate’s flagship Murban crude.

A subsidiary, Adnoc Onshore, granted 39-month engineering, procurement, and construction contract to Greek company Archirodon Construction Overseas to maintain long-term crude production capacity at the field at 485,000 barrels per day.

The Bab field already plays an important role in supporting Adnoc’s production capacity mandates and this upgrade complements Adnoc’s upstream growth plans,” said Adnoc Onshore chief executive, Yaser Al Mazrouei.

The UAE accounts for 4 per cent of global crude production, much of it sourced from fields owned and operated by Adnoc in Abu Dhabi. The national oil company is targeting increasing production capacity to 4 million barrels per day by 2020, from 3 million bpd at present. By 2030, the company sees output capacity hitting 5 million bpd. The UAE’s total output for September was 3.08 million bpd, according to secondary sources cited by Opec.

Adnoc is targeting raising production capacity on the Bab field to 450,000 bpd by 2020 from 420,000 bpd presently. Around Dh1.35bn is expected to flow back into the UAE as a result of the capacity addition, Adnoc said.

Source: https://www.adnoc.ae/