Asia Pacific

Typhoon delays Galoc start-up

0/0

First oil from the Philippines’ Galoc oilfield is expected in early July as Typhoon Fengshen has brought commissioning work to an halt, adding to a series of delays, equity holder Otto Energy said.

The Floating Production Storage and Offloading System (FPSO) that is to extract 17,500 barrels per day from the ofshore field was disconnected ahead of the typhoon’s passage, Otto Energy told the Australian Stock Exchange. Recon-nection is unlikely soon, which will further delay the field’s startup until July, the company said. “Although there is only minor commissioning work left to be done before production commences, it cannot be completed until the typhoon has passed and the FPSO is reconnected,” the statement said.
“[...] First oil is now expected to commence in early July.”
The announcement comes almost two weeks after Philippines Energy Secretary Angelo Reyes told reporters first oil was expected on June 16.
It is also the latest in a series of delays that have seen the field’s startup repeatedly postponed from initial plans for a first quarter startup.