Saipem bags $900 million Angola job

Italian contractor Saipem has secured three contracts from the New Gas Consortium for the Quiluma and Maboqueiro gas project, which will feed the Angola LNG export plant in Soyo.

The New Gas Consortium consists of Eni’s and BP’s Azule Energy, Sonangol P&P, Chevron, and TotalEnergies.

Last month, the partners took a final investment decision on the Quiluma and Maboqueiro gas project.

According to the firms, this is Angola’s first non-associated gas development project.

Saipem said on Thursday the new contracts, one onshore and two offshore, include the engineering, procurement and construction (EPC) activities relevant to the Quiluma and Maboqueiro fields development project off the northwest coast of Angola.

With an overall value of around $900 million, Saipem is taking care of the hook-up and commissioning assistance of the Quiluma platform and of the relevant onshore natural gas processing plant, it said.

Most Popular

Excelerate’s FSRU arrives in Germany

Excelerate’s 138,000-cbm FSRU Excelsior has finally arrived in Germany, where it will start serving DET's second LNG import terminal in Wilhelmshaven.

Woodside assessing tariff impact on Louisiana LNG

Australian LNG player Woodside is assessing the impact of recent US tariffs and other trade measures on its Louisiana LNG project, according to Woodside CEO Meg O’Neill.

Chevron: production at first Wheatstone LNG train reduced due to maintenance

Production at the first liquefaction train of Chevron's Wheatstone LNG plant near Onslow has been reduced due to maintenance, a Chevron Australia spokesperson told LNG Prime on Tuesday.

More News Like This

Saipem to merge with Subsea7

According to a joint statement, Saipem and Subsea7 shareholders will own 50 percent each of the share capital of...

Germany’s SEFE seals Angola LNG supply deal

Under the deal, Angola LNG will supply to SEFE half a million tonnes of LNG, equivalent to eight LNG...

Saipem consortium clinches $1.2 billion Tangguh UCC contract

The EPCI contract is part of the BP Berau-led integrated project known as Tangguh UCC, comprising of Ubadari field...

Australia’s Woodside moving forward with Scarborough work

When operational, the 433 km trunkline will transport gas from the offshore Scarborough field to the onshore Pluto LNG...