Thursday, 1 November 2012

Angsi plans near finish line

Petronas Carigali is finalising the development scheme for the world’s first full-field vessel-based chemical enhanced oil recovery project for the Angsi oilfield off Peninsular Malaysia. 

The Angsi field operator is understood to have formed a joint venture with Petronas’ shipping unit, MISC, to own and operate the CEOR vessel. 

The joint venture had commissioned Malaysia’s MMC Oil & Gas Engineering and Water Standard of the US to carry out the front-end engineering and design studies, now expected to be completed as early as the end of October. 

The FEED studies are said to focus on a converted vessel with 4000 tonnes of topsides for water treatment and chemical injection. The project also involves modification to the topsides of the Angsi central processing platform and a satellite structure to be connected to the vessel via subsea risers and pipelines. 

Industry sources expect the FEED duo to be well-placed for the engineering, procurement and construction contract, which is likely to be awarded in early 2013. 

Water Standard is likely to seek a role in providing the topsides including the treatment modules. 

The Angsi CEOR vessel will be equipped with 15 days of storage to support a water injection capacity of 150,000 barrels per day. 

Operational start-up is now targeted for the first half of 2014.