Angola Block 14

Amplus led consortium independently identified significant value upside - simpler redevelopment infrastructure

Location

Block 14 Angola

Client

International majors & National Oil Company: undisclosed

Scope

Field development including subsurface, wells, SURF, facilities design and economic modelling

Deliverable

Concept select & commercial solutions

Development Study

6 months
  • Basis of Design document
  • Concept screening
  • Concept definition
  • Final study report
  • 2 options feasible for economic development
  • Meeting $11/bbl target metric
  • Amplus managed multiple subcontractor partners
  • 48% reduction in equipment requirement vs previous base case
  • Alternative multilateral development drilling strategy reduced well CAPEX
  • Integration of Amplus FPSO coupled with fixed export route to existing export infrastructure
  • Inline booster concept to add incremental production
  • Revised concept met $11/bbl Operator investment criteria target

Capex, delivery schedule, installation, RAM and decommissioning improvement