THE NEWBUILD PAZFLOR floating production, storage offloading vessel is expected to sail away for Total-operated Block 17 in Angola from South Korea.
p style="margin-bottom: 0cm;">THE NEWBUILD PAZFLOR floating production, storage offloading vessel is expected to sail away for Total-operated Block 17 in Angola from South Korea.
The FPSO was officially named recently at a ceremony at Daewoo Shipbuilding & Marine Engineering’s yard in Okpo. The production floater is equipped with processing capacity for 200,000 bpd and 150mn cubic feet per day of natural gas and storage capacity of 1.9mn barrels.
The floater will be installed in Total’s Pazflor field in Angola. Total has contracted Acergy before its merger with Subsea 7 to install the subsea structures ahead of the vessel’s arrival.
First oil from Pazflor is scheduled to flow as early as this September.
DSME won the $2.3bn newbuild FPSO contract from Total in 2007. Total has contracted the South Korean yard operator to build another production floater at $1.8bn for the Clov field in Angola
