BP begins production from one of the world's largest subsea developments, the PSVM development...

|About: BP p.l.c. (BP)|By:, SA News Editor
BP 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.