Malaysian contractor Bumi Armada has rolled out a contracting technique to supply a floating manufacturing, storage and offloading vessel if it secures the main contract for TotalEnergies’ Cameia-Golfinho venture offshore Angola.
Final yr, the French power big provisionally lined up Bumi Armada to produce the FPSO which may have a manufacturing capability of 100,000 barrels per day and be the primary venture within the Kwanza basin.
Since then, Bumi Armada and TotalEnergies have been grappling with rising provide chain prices, with the French supermajor decided to solely sanction developments which might be “resilient” to grease costs beneath $20 per barrel, have a breakeven value of lower than $30 per barrel and whose emissions are under 19 kilograms per barrel.