Fossil Energy – Angola
Malaysian company Yinson has secured a firm contract to provide and maintain an FPSO for Azule Energy, a BP-Eni joint venture, in Angola.
The contract, awarded by Eni Angola, is for the provision of the FPSO Agogo for the Agogo Integrated West Hub Development Project in Angola.
According to Yinson, the contract is worth about $5.3 billion in total and has a firm period of 15 years from the date of the final FPSO’s acceptance. Azule Energy will have the option to extend for another five years.
The FPSO Agogo is expected to start operations in the fourth quarter of 2025.
Following Yinson’s announcement, offshore installation firm Subsea 7 announced it had secured a large contract with Azule Energy to deliver and install about 98 kilometers of flexible pipes, 30 kilometers of umbilical, and associated subsea structures in water depths of around 1,700 m.
The Norwegian offshore engineering and construction firm Aker Solutions said Tuesday it had scored a sizeable contract by Eni Angola, to provide the dynamic and static subsea umbilicals for the Agogo field development.
Oilfield services giant Baker Hughes said Tuesday it had scored a contract to provide subsea equipment and services for the Agogo offshore oilfield.
For Baker Hughes, the scope of work includes 23 standard subsea trees, 11 Aptara manifolds, SemStar5 fiber optic controls, and the related system scope of supply. Baker Hughes will also provide services and aftermarket support for the Agogo integrated west hub subsea production system.
