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.