BW Energy: Start-up of gas lift compressor on BW Adolo FPSO
Start-up of gas lift compressor on BW Adolo FPSO
BW Energy is pleased to announce the start-up of the new gas lift compressor (GLC) on the BW Adolo FPSO following commissioning and a gradual ramp up of gas lift capacity over the past weeks.
The compressor is the second GLC unit installed on the FPSO to support production from the six Tortue wells. Once fully operational it is expected to add approximately 3,000 barrels per day of production as previously communicated.
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About BW Energy:
BW Energy is a growth E&P company with a differentiated strategy targeting proven offshore oil and gas reservoirs through low risk phased developments. The Company has access to existing production facilities to reduce time to first oil and cashflow with lower investments than traditional offshore developments. The main assets are 73.5% of the producing Dussafu Marine Permit offshore Gabon and a 95% interest in the Maromba field in Brazil, both operated by the Company. Total net 2P+2C reserves were 428 million barrels at the start of 2023.
This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act
