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BP begins production from one of the world's largest subsea developments, the PSVM development...
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Thursday, January 31, 8:57 AM ETBP begins production from one of the world's largest subsea developments, the PSVM development off Angola. Production is set to hit 70K bbl/day of oil before more than doubling over the coming year as two other fields come on line. PSVM is being exploited with a FPSO vessel with 1.6M barrels of storage capacity; it's the first FPSO to work Angola's ultra-deepwater plays.
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