The Armada Kraken FPSO Safely Completes Hook-up in the North Sea

Bumi Armada Ber­had, Malaysia-based international offshore energy facilities and services provider announced that its floating production storage and offloading (FPSO) unit, Armada Olombendo, has achieved first oil production in Block 15-06 in Angola, for Eni Angola S.p.A. ("Eni Angola"), on 8 February 2017.

The contract for the FPSO was signed on the 19th August 2014 and the FPSO arrived in Angola on the 11 December 2016, after a 40-day voyage from Singapore.

Commenting on the news, Leon Harland, Bumi Armada’s Executive Director and Chief Executive Officer, said, “To achieve first oil on Armada Olombendo is a great achievement for the Company. First of all, a near perfect safety record was achieved during construction with engineering, procurement and fabrication at different locations and with final integration in Singapore. The project is our first in Angola and it is the largest project to date for Bumi Armada, based on the size of the unit, the scale of the topsides as well as incorporating the world’s largest external turret. The increased capability that has been developed within the Company puts Bumi Armada in the top-tier of FPSO players and enhances our position to compete for the larger, more complex projects that we are bidding for.

This is truly a great achievement for Bumi Armada, which would not have been possible without the commitment of everyone in the company, our partners in Angola, all our stakeholders and our client, Eni Angola. A special thank you to all the project and operational teams involved in what is, a significant milestone for Bumi Armada.”

Armada Olombendo represents the company’s first FPSO in Angola and is also the largest FPSO conversion project to date. The FPSO has one of the largest external turret systems in the world, has a net storage capacity of 1,700,000 barrels, crude oil production rate of 80,000 bopd* oil production, 120,000 bwpd* water injection and 120,000 mmscf* gas handling capacities. The FPSO is moored in the Block 15/06, East Hub field located in deep water offshore Angola, at a water depth of 450 meters.

Eni is the operator of Block 15/06 with a 36.84% stake and Sonangol EP is the Concessionaire. The other Partners of the joint venture are Sonangol Pesquisa e Produção (36.84%) and SSI Fifteen Limited (26.32%).

Bumi Armada Ber­had is a Malaysia-based international offshore energy facilities and services provider with a presence in over 17 countries spread across five continents, supported by over 1,600 people from over 30 nationalities.

Bumi Armada Ber­had provides offshore services via two business units – Floating Production and Operations (oil and gas solutions) and Offshore Marine Services (“OMS”) (encompassing the Offshore Support Vessels (“OSV”) and the Subsea Construction (“SC”) services). The two business units are in turn supported by three support units, namely FPSO Sales, Major Projects and Technology & Development.

Bumi Armada is the fifth largest FPSO player in the world and an established OSV owner and operator, with extensive experience across Asia, Africa and Latin America.

This article was originally published on Marine & Industrial Report newspaper Vol 39  No.2 Issue last April 30, 2017.