The FPSO “MIAMTE” arrived this week to Mexican waters to become a part of Eni’s production infrastructure for its “Area 1” development, known also as AMT for its fields of Amoca, Mizton and Tecoalli.
This area is famous for being the first private offshore field in Mexico to enter its productive phase in 2019. MIAMTE is expected to be integrated into the configuration of offshore platforms, pipelines and onshore delivery facilities that will allow Eni to continue increasing its production capacity as its field development progresses. MIAMTE has a crude processing capacity of 90,000b/d, a gas processing capacity of 75MMcf/d and a reported total storage capacity of between 700,000 and 900,000 barrels. This will add to the 15,000b/d currently being produced at AMT’s Mizton field through the WHP-1 wellhead platform, according to a report from Upstream.
The FPSO’s construction began after Eni awarded a contract to Japanese EPCI MODEC in 2018, explicitly for the purpose of oil production in Mexico. The vessel’s construction involved five shipyards in three different countries, including Mexico where five modules were built, and took over 17 million man-hours to complete. MIAMTE was completed in Singapore on Aug. 26 2021 and it departed for Mexico on Oct. 27, arriving 67 days later.
Area 1 was supposed to have reached a production level of 25,000b/d by Oct. 2021 but failed to do so, which led Eni to submit a revised development plan to CNH in early December. This revision was rejected by the state regulator, which argued that the plan did not accelerate production increases at a fast enough pace. Eni argued that production levels have taken longer to increase because the delivery of MIAMTE was delayed by a number of factors, including the pandemic.
Eni Mexico’s Managing Director Giorgio Guidi stated that “the arrival of MIAMTE is a confirmation of our determination to perform an active role in the development of Mexico’s energy sector.” Furthermore, in his interview with MBN, Guidi specified that “the main strategy for Block 1 is the implementation of an accelerated development plan with an early production phase on Mizton field, in order to start producing at the earliest while the production ramp up will happen by early 2022 with the arrival of the FPSO. Block 1 is the ideal project to leverage our strong expertise in bringing similar developments on stream, optimizing time to market and costs.” Eni has also announced plans to order two additional wellhead platforms, WHP-2 and WHP-3, to be installed in Amoca and Tecoalli by early 2025.