ExxonMobil Recognized for Industry-Leading Approach to Develop Angola Deepwater Projects
The Offshore Technology Conference (OTC) presented ExxonMobil
Development Company with a special citation for the development and
implementation of the 'Design One, Build Multiple? strategy that
successfully delivered large-scale deepwater projects offshore Angola on
Block 15 that achieved peak production of over 700,000 barrels of oil
per day.
The Kizomba B development in Angola Block 15 utilizes a tension leg platform and a floating production, storage, and offloading (FPSO) vessel developed by ExxonMobil through the 'Design One Build Multiple' strategy. The Offshore Technology Conference presented ExxonMobil Development Company with a special citation for its industry-leading approach to Angola deepwater project development. (Photo: Business Wire)
The projects in Block 15, approximately 90 miles off the coast of
Angola, established industry benchmarks for completion time and unit
development costs for deepwater projects of their size and complexity.
To date, over one billion of the five billion barrels discovered on the
block have been produced. Current production is approximately 500,000
barrels per day.
The company received the award at the annual dinner for the world′s
largest conference for offshore development at the George R. Brown
Convention Center in Houston. Susan Cunningham, chair of the OTC Board
of Directors, said, 'Each year, OTC recognizes individuals and companies
that have made outstanding contributions to the offshore industry.
ExxonMobil Development earned this honor for its industry-leading
approach to Angola deepwater project development.?
'The success of our Design One, Build Multiple strategy in Angola would
not have been possible without the collaboration in a shared vision
among ExxonMobil, Sonangol and the Statoil Angola Block 15 A/S
contractor group,? said Jeff Woodbury, executive vice president of
ExxonMobil Development Company. 'The timely and cost-efficient
development of Angola Block 15 helped position Angola as a key supplier
to the world′s demand for energy.'
Between 2003 and 2008, ExxonMobil Development applied the 'Design One,
Build Multiple? strategy to deliver two tension leg platforms and five
of the world′s largest floating production, storage and offloading
vessels to Block 15. The use of many of the same suppliers, service
providers and workers, including Angolans, to build and install the
facilities enhanced safety, quality, efficiency and reliability.
About ExxonMobil
ExxonMobil,
the largest publicly traded international oil and gas company, uses
technology and innovation to help meet the world′s growing energy needs.
ExxonMobil holds an industry-leading inventory of resources, is the
largest refiner and marketer of petroleum products, and its chemical
company is one of the largest in the world. For more information, visit www.exxonmobil.com.
Note to Editors
Exxon Mobil Corporation (NYSE:XOM) subsidiary Esso Exploration Angola
(Block 15) Limited (Esso Angola) is Block 15 operator, with 40 percent
interest. Other participants in Block 15 are BP Exploration (Angola)
Limited (26.67 percent), ENI Angola Exploration B.V. (20 percent) and
Statoil-Hydro Angola (13.33 percent). Sonangol is the Concessionaire.
More information on the operations at Angola Block 15 is available at http://www.exxonmobil.com/Corporate/energy_production_deepwater_angola.aspx
ExxonMobil Upstream Media Relations, 713-656-4376
