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    UK Amplus Lands Angola Contract

Summary

The company's versatile production unit is intended to get more value from smaller deposits offshore.

by: William Powell

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Natural Gas & LNG News, Africa, Corporate, Exploration & Production, Contracts and tenders, News By Country, Angola

UK Amplus Lands Angola Contract

UK Amplus Energy Services has been awarded a multi-million-dollar contract to re-evaluate the development of marginal fields in Angola for a "major operator," it said August 7. The six-month project will be managed by Amplus Energy Services from its Scotland office, and the company will partner TechnipFMC and Halliburton, with country support provided by Prodamian Oil Services.

Amplus CEO Ian Herd said the company was "developing an excellent reputation" for turning previously uneconomic oil and gas resources into financially viable reserves. “The lessons learned from this latest contract award will not only be strategically key for marginal field developments in Angola, but also in the North Sea, where there are more than 200 discoveries still to be developed with several billion barrels of oil available for recovery," he said.

“As a mature basin, most of the UK Continental Shelf’s remaining reserves are contained within marginal fields. Amplus Energy Services’ ongoing North Sea Production Club initiative, which is designed to make even the smallest fields economically viable, has been pivotal in helping Amplus Energy Services secure the marginal field development study contract in Angola.”

Amplus' versatile production unit (VPU) offers safe, fit for purpose and extremely cost-effective production facilities and can support a wide range of production capacities, he said. The VPU’s ability to sit directly above the subsea production facilities reduces cost in every aspect of a marginal field development.

Herd did not say what the exact contract value was, but said it was "very significant" and "we are looking forward to providing fit for purpose, cost effective solutions for marginal field developments in Angola.”

Amplus Energy Services said it aims to build a world-class fleet of VPUs that will service the needs of the oil and gas industry worldwide.