(MENAFN) KrisEnergy, Singapore-based oil and gas company declared it has made a final decision to carry on with the first stage of development for the Apsara oil field.
The company stated that the first oil production would be within 24 months after its official launch.
According to the company's statement, phase 1A of the Apsara development foresees one unmanned minimum facility 24-slot wellhead platform generating to a connected production barge able to process around 30,000 barrels of liquid a day with water, gas and oil separating facilities on the vessel.
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