Stay Connected

BPZ opts for buoyant tower for Corvina oil development off Peru

Offshore staff

HOUSTON – BPZ Energy has issued contracts for fabrication, mobilization, and installation of a second platform at the Corvina field in block Z-1 offshore Peru.

The company estimates the total cost of the new CX-15 platform, including all production and compression equipment, at $60 million. Installation off Peru should take place by end-July 2012 with first production expected during 4Q 2012.

CX-15 will be a buoyant tower with 12,200 b/d of oil production capacity; gas compression capacity of 12.8 MMcf/d; and produced water handling and injection capacity of 3,500 b/d. The tower will comprise four cylindrical cells and will be connected to the seabed by a single suction pile integral to the hull structure. It will have 24 drilling slots, some of which will be used for gas and water re-injection wells.

The new platform will be about 1 mi (1.6 km) from the existing CX-11 Corvina platform, with both interconnected via subsea pipelines. It will help BPZ produce around 22 MMbbl of undeveloped oil reserves from the field.

GMC and Horton Wison Deepwater have completed front-end engineering and design work for the buoyant tower, while Audubon Engineering is handling engineering and design for the production equipment.

Wison Offshore and Marine will build the platform at its yard in Nantong, China, with GMC providing project management and design. Procurement of certain equipment items and steel is under way.

The tower and decks with the production equipment will be transported from Nantong to Corvina on a semisubmersible heavy-lift vessel. Following upending, fixed and variable ballast will be pumped into the hull to provide stability for the platform.

Manolo Zuniga, president and CEO of BPZ Energy, said: “The buoyant tower design was chosen because it is relatively simple to fabricate and economical compared to other platform solutions. This design is a variation of a concept in use in the Gulf of Mexico deepwater, which we will bring into shallow water and Peru for the first time."

10/03/2011

Related Articles

Unique System FZE supplies monitoring system to ADOC

Nov 20, 2013 Unique System FZE, a Unique Maritime Group company that provides integrated turnkey subsea and offshore solutions, has engineered and supplied a monitoring system that will provide the Abu Dhabi Oi...

DNV GL calls on industry to support its ‘Walk to Work’ JIP

Nov 19, 2013

DNV GL is initiating a joint industry project to develop guidance for alternative means of personnel transfer onto offshore installations.

Trending News

FMC, operators to develop next-gen subsea equipment

Jul 23, 2014

FMC Technologies Inc. (NYSE: FTI) has signed an agreement that establishes a joint industry program (JIP) with Anadarko Petroleum Corp., BP, ConocoPhillips, and Shell to develop a new generation of standardized subsea production equipment and system,

N’Goma FPSO sails for block 15/06 offshore Angola

Jul 22, 2014

The newly named N’Goma FPSO, which arrived just over a month ago in Angola, has now sailed for the Eni-operated offshore block 15/06, where mooring operations by the SBM Installer vessel will take place. OPS will operate the N’Goma FPSO.

 

Tullow finds no pay in PL 507 in North Sea

Jul 22, 2014

Tullow Oil plc did not encounter hydrocarbons in the Lupus exploratory well, 31/10-1, in the North Sea.

Harvest targets FPSO for presalt Dussafu oil development offshore Gabon

Jul 22, 2014

Harvest Natural Resources has signed a declaration of commerciality with the Gabonese Republic (Gabon) for the Dussafu block offshore Gabon.

COSCO reports on troubled Octabuoy project

Jul 22, 2014

COSCO Corp. (Singapore) Ltd, with regard to the vessel building contract for the Octabuoy hull and the topside module secured by COSCO’s subsidiary COSCO (Nantong) Shipyard Co. Ltd with ATP Oil & Gas (UK) Ltd, the COSCO board reports that ATP UK is currently in company voluntary arrangement (CVA) in the UK.

  Offshore
Digital Magazine
Look Inside
Cover
Current Issue

Oil & Gas Jobs

View more Job Listings >>