Osinergmin, the Peruvian government agency that monitors industrial safety, has cleared Houston-based BPZ Energy to resume operations at the CX-11 platform in the Z-1 Block offshore northwest Peru.
The company has begun month-long testing on the Corvina CX11-18XD well, after which it will proceed to complete the well. Operation was suspended after a fire sank a Peruvian Navy tanker moored near the platform. BPZ is now close to completing the installation of sea-bed pipelines and mooring systems that will allow for long-term testing. BPZ intends this program to enable it to increase production efficiently and better understand characteristics of the Corvina field. The company also expects to have a floating production, storage, offloading vessel fully operational by mid-April.
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