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    1. Field Development

    SBM reveals busy schedule for Angola field developments

    Aug. 18, 2011
    SBM Offshore has updated its current construction program for projects offshore West Africa.

    Offshore staff

    MONACO – SBM Offshore has updated its current construction program for projects offshore West Africa.

    The FPSO Xikomba has been demobilized from its location in Angola offshore block 15, after Esso Exploration Angola shut down the field.

    Confirmation has been received from Total E&P Congo that the contract for the LPG FSO Nkossa II is extended for a total of seven years, until November 2018, with options for a further three years.

    However, SBM has a letter of intent (LOI) from Sonangol to re-deploy the vessel under a 12-year lease and an operate contract from ENI Angola for an oilfield development on block 15/06.

    In preparation, the Xikomba will undergo a major upgrade to meet the new project’s requirements. Part of the work will be performed in the PAENAL yard in Angola. A contract award is expected during the second half of this year.

    SBM was also awarded an extension until end-September for the lease and operate contract of the FPSO Kuito from Chevron in block 14.

    Total E&P Angola contracted SBM for a deepwater oil loading system for the FPSO for the CLOV development on block 17. The company will supply the oil offloading lines and will also perform offshore installation of the complete oil loading system (including the deepwater buoy) in the second half of 2013, using the installation vessel Normand Installer.

    The FPSO for Noble Energy’s Asengproject off Equatorial Guinea is progressing, with pre-commissioning and integration works at the Keppel shipyard reaching completion. The vessel will depart Singapore shortly and should be installed offshore location later this year.

    Offshore Brazil, the project to relocate the FPSO Espadarte to the Baleia Azul field is on schedule. The FPSO has been disconnected from the Espadarte field and has arrived at Keppel shipyard in Singapore for conversion and refurbishment, including integration of additional modules.

    Relocation to Baleia Azul and production start-up is anticipated during the second half of 2012.

    08/18/2011