...as PAJ greenfield FPSO given marginal status

摘要

BP's proposed PAJ FPSO project off Angola has been given a boost with marginal field tax terms by the government.PAJ is a rare greenfield FPSO project which is a reworking of the old Block 31 Southeast and will take in crude from the Palas,Astraea and Juno finds into a 125,000 b/d leased FPSO.Reserves are believed to be around 135m bbl and earlier this year BP said it could be producing before 2025.BP has been in touch with contractors on a regular basis regarding the project with tendering expected to start in the very near future.