Construction has finished of the central processing platform (CPP) Valeura Energy ordered for its Wassana Field redevelopment in the Gulf of Thailand, the company reported in its latest quarterly update.

The jacket and platform have since been loaded onto vessels for transportation to and installation on the field.

Installation of the offshore oil export pipeline that will connect the new CPP to the floating storage and offloading vessel was completed last month.

Valeura expects development drilling to start later this year.

The company’s plan to advance the original redevelopment project schedule by about two months, remaining on track to deliver first oil from the new platform early in second-quarter 2027.

The CPP will replace the field’s MOPU. Valeura now expects to sustain production from the field out to 2042, with the new facility capable of handling higher fluid capacity (from 35,000 to 62,000 bbl/d), with immediate production growth from 3,000 to 10,000 bbl/d.

Two risers have been added for future satellite tiebacks of potential developments to the north and south of the main field. For these, the company is assessing minimum scope wellhead platform designs.