Fossil Energy – Angola
SBM Offshore has signed a contract extension related to the lease and operation of FPSOs Mondo and Saxi Batuque with Esso Exploration Angola.
The extension secures ownership and operations by SBM Offshore until 2032.
The agreement includes life-extension activities for equipment replacement and refurbishment, to maintain high safety standards and ensure operational excellence throughout the contract term. The scope of work is expected to start in 2026.
The extension of the contract marks a recognition of SBM Offshore’s capability to manage complex offshore brownfield work as well as its capabilities in the operation and maintenance of deepwater assets. Through these contracts, SBM Offshore supports Block 15 Contractor Group’s offshore energy objectives in Angola while contributing to the long-term growth in the region.
