Offshore staff
PARIS, France — TotalEnergies and partners Petronas and Sonangol have taken FID on the Kaminho oil project in Block 20/11 offshore Angola.
It will be the first large-scale deepwater development in the Kwanza Basin, producing the Cameia and Golfinho fields in 1,700 m water depth, located 100 km offshore. It will also be TotalEnergies’ seventh FPSO to operate in Angolan waters.
Plans call for conversion of a very large crude carrier to an FPSO, which will be connected to a subsea production network. To minimize emissions, the platform will be all-electric and the associated gas will be fully reinjected into the reservoirs, so there will be no routine flaring.
TotalEnergies expects production to start in 2028, peaking at 70,000 bbl/d. The company has awarded Saipem three of the main contracts, with a combined value of $3.7 billion.
The first covers engineering, procurement, construction, transportation and commissioning of the FPSO. Under the second contract, Saipem will provide operation and maintenance of the vessel for 12 years with potential for an eight-year extension, drawing on its experience from three other FPSOs currently operating in Angola.
The third contract is for the engineering, procurement, supply, construction, installation, pre-commissioning and assistance for commissioning/startup of a SURF package that includes about 30 km of 8-inch and 10-inch subsea flowlines, risers and umbilicals.
Saipem will fabricate the associated structures at its local yard in Ambriz. For the offshore campaign, including J-lay, the company will deploy its FDS vessel, using the local supply chain for logistics and fabrication activities.
TotalEnergies and Sonangol EP also signed a memorandum of understanding to cooperate on research and technology, notably for decarbonization of the oil and gas industry, including developments related to methane emissions reduction and renewable energies.
The company’s teams will help Sonangol EP with the startup and operation of its new Sumbe R&D center and development of skills in reservoir geology, process electrification and photovoltaics.
"This project, which leverages innovation to fit with our investment criteria—breakeven under 30 $/b and carbon intensity of 16 kg CO2e/boe—will become our seventh FPSO in the country and the first-ever development in the Kwanza Basin”, said Patrick Pouyanné, chairman and CEO of TotalEnergies.
05.21.2024
