Offshore staff
LUANDA, Angola – bp Angola has started production from the Platina project in block 18.
Platina is a subsea tieback development to the FPSO Greater Plutonio. It will access an estimated 44 MMbbl of oil. At peak, it is expected to add 30,000 b/d of oil to block 18 production.
According to bp, the project was delivered 44 days ahead of schedule and 25% below the original budget. Its development increased expected recoverable resilient reserves by 10%.
Approved in December 2018, Platina is the first new development on block 18 since Greater Plutonio started up in 2007. It is bp’s first new operated development in Angola since the PSVM project started production in block 31 in 2012.
bp Angola is the operator and has a 46% stake in block 18. Sinopec has a 37.72% stake and Sonangol P&P 16.28%. Â
Platina is the seventh new project to start production for bp worldwide in 2021. It follows new projects in Egypt, India, Trinidad, two in the US Gulf of Mexico, and an earlier project on block 17 offshore Angola.
11/29/2021
