By John Ikani
President of Angola, Joao Lourenço has disclosed that the Southern African nation will launch her historic first oil platform in the in June.
President Lourenço made the disclosure during a three-day visit to Cabinda Province, during which the project was presented to him.
Heritage Times gathered that the Sea Swift offshore platform named “Lifua A” is under construction at the Malongo camp in Cabinda Province and should be launched into the sea in a few weeks.
Sea Swift is a minimum-facility offshore platform for rapid returns in shallow waters. Using well conductors as the structural support for the topside, Sea Swift minimizes build and implementation times.
The platforms offer a low-risk, low-cost route to reduced time to first oil and lower capital investment.
Supported by the giant Chevron through its local subsidiary Cabinda Gulf Oil Company Limited (CABGOC), the project required a budget of 60 million dollars.
The project which is part of the upturn in the Angolan oil sector, is intended to create 400 direct jobs and will have its entry into production in late 2023.