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

TotalEnergies to transfer Papua LNG operatorship to ExxonMobil

French energy giant TotalEnergies said on Monday that Papua LNG has achieved "major" contractual and commercial milestones, marking "decisive" steps towards a final investment decision. These include completing the EPC tendering process and transferring Papua LNG operatorship to US energy giant ExxonMobil, operator of the PNG LNG project.

Arctic LNG 2 seeks $1 billion from Hanwha Ocean over terminated LNG carrier orders

Novatek-led Arctic LNG 2 is seeking approximately $1 billion in damages from South Korean shipbuilder Hanwha Ocean over terminated shipbuilding contracts for Arc7 ice-class LNG tankers.

K Line, Petronas name LNG carrier duo in China

Chinese shipbuilder Hudong-Zhonghua has hosted a naming ceremony for two 174,000-cbm liquefied natural gas (LNG) carriers it built for Japan’s K Line and Malaysia’s Petronas.

More News Like This

McDermott JV lands Rovuma LNG gig

Houston-based McDermott, through a consortium with Italy’s Saipem, South Korea's Daewoo Engineering & Construction, and China Petroleum Engineering and Construction Corporation, has been awarded a letter of intent including limited engineering and procurement services for the ExxonMobil-led Rovuma LNG project in Mozambique.

BP, Eni to send more gas to Angola LNG plant

Azule Energy, a joint venture of UK-based BP and Italy's Eni, and other partners will send more natural gas for liquefaction at the Angola LNG plant in Soyo following a final investment decision on the Greater PAJ project offshore Angola.

BP, Eni, and partners launch gas production at Angolan field

UK-based BP, Italy's Eni, and other partners have launched gas production from Angola's Quiluma field. The gas supplies will be delivered to the Angola LNG plant in Soyo for export.

Saipem secures new North Field gig from QatarEnergy LNG

Italian contractor Saipem, in partnership with Offshore Oil Engineering (COOEC), has secured a contract worth $4 billion from LNG producer QatarEnergy LNG, a unit of QatarEnergy.