Azule Vitality Angola SPA has awarded Saipem SPA engineering works for the Ndungu discipline offshore Angola, in a contract value $850 million.
“Saipem’s scope of labor entails the engineering, fabrication, transportation and set up of roughly 60 km [37.3 miles] of inflexible pipelines and of the subsea services at a depth of round 1,100 meters [3,608.9 feet], and the transportation and set up of versatile flowlines, jumpers and 17 km [10.6 miles] of umbilicals”, Saipem stated in a press launch.
Fabrication can be executed in Saipem’s yard in Ambriz, Angola, whereas it expects to deploy its personal vessel for the set up a part of the work.
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“The award of this essential challenge additional consolidates Saipem’s positioning in Angola, each in deep waters and in shallow waters, by means of the supply of progressive and environment friendly options to scale back set up instances”, Saipem stated within the announcement on its web site.
The already producing Ndungu, situated about 130 kilometers (80.8 miles) from the coast and a part of Block 15/06, is estimated to carry 800–1,000 million barrels of oil equal (MMboe) sources in accordance with Eni SPA, a co-venturer within the firm that owns Ndungu developer Azule Vitality. Azule Vitality’s father or mother firm is Azule Vitality Holdings Ltd., a 50-50 co-venture between Eni and BP PLC.
Ndungu began manufacturing two years in the past by means of the Ndungu Early Manufacturing (EP) Undertaking. Linked to the Ngoma floating manufacturing, storage and offloading (FPSO) ship, Ndungu EP had a fee of about 20,000 barrels of oil per day in accordance with Eni’s announcement of startup February 25, 2022.
Ndungu is a part of the East Hub and West Hub initiatives in Block 15/06. Moreover Ndungu, additionally a part of the initiatives are the Agogo discipline, which makes use of FPSO Ngoma, in addition to the Cuica and Cabaça North fields, which use FPSO Armada Olombendo.
The operator, Azule Vitality, was fashioned 2022 when Italian government-controlled Eni and British rival BP agreed to mix their Angolan belongings. “Azule Vitality is now Angola’s largest unbiased fairness producer of oil and fuel, holding 2 billion barrels equal of web sources and rising to about 250,000 barrels equal a day of fairness oil and fuel manufacturing over the subsequent 5 years”, BP stated in an announcement August 2, 2022.
“It holds stakes in 16 licenses (of which 6 are exploration blocks) and a participation in Angola LNG JV. Azule Vitality can even take over Eni’s share in Solenova, a photo voltaic firm collectively held with Sonangol, and the collaboration within the Luanda Refinery”.
Sooner than the Ndungu engineering contract, Italian oil and fuel service supplier Saipem had additionally been tapped for the Agogo discipline in the identical block. The contract for the Agogo Full Subject Growth Undertaking, which sits round 180 km (111.8 miles) off the coast in deep waters, encompassed engineering, procurement, development and set up of inflexible pipe-in-pipe flowlines with related subsea buildings, Saipem stated April 3, 2023.
Saipem had additionally received a completion and testing job for improvement and exploration wells in Block 15/06, as introduced by the corporate November 15, 2022. This contract was to start out 2023 and final 26 months.
In different Azule Vitality belongings, Saipem was additionally in 2022 the selection for the New Gasoline Consortium. “With an total worth of round 900 million USD, Saipem is caring for the engineering, procurement and development, together with hook-up and commissioning help, of the Quiluma platform and of the related onshore pure fuel processing plant”, Saipem stated August 11, 2022.
To contact the writer, e mail jov.onsat@rigzone.com
