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

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.
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