Platina field : TechnipFMC bags iEPCI contract from BP for Angolan project

TechnipFMC has bagged an integrated engineering, procurement, construction, and installation (iEPCI) contract from BP Angola for the Platina field development in Block 18 in Angolan waters.

The contract value is in the range of $75-250 million.

The Platina field, which was discovered in 1999, is contained in water depths in the range of 1,200-1,500 meters.

As per the contract, TechnipFMC will be responsible for manufacturing, delivering and installation of the subsea equipment for the Platina field development. These include subsea trees, a production manifold with related subsea control and connection systems, and also rigid pipelines, flexible jumpers, and umbilicals.

See also  BP wraps up $4.1bn acquisition of US RNG producer Archaea Energy

Arnaud Pieton – President Subsea at TechnipFMC said: “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.”

See also  Eni, BP make new gas discovery in Great Nooros Area in Egyptian waters

The Platina field is planned to be brought into production through a subsea tie-back to the existing Greater Plutonio floating production, storage and offloading vessel (Greater Plutonio FPSO).

The Platina field will be developed as a subsea tie-back to the Greater Plutonio.
The Platina field will be developed as a subsea tie-back to the Greater Plutonio. Photo courtesy of BP p.l.c.

Discover more from Business-News-Today.com

Subscribe to get the latest posts sent to your email.