Saipem gets US$850 million deal for subsea work off Angola coast 

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Saipem has been awarded a new offshore contract by Azule Energy Angola S.p.A., subsidiary of Azule Energy Holdings Limited, an incorporated joint venture between Eni and bp. 

The award concerns the development of the Ndungu field as part of Agogo Integrated West Hub project, located approximately 180 kilometers (km) off the coast of Angola. The value of the contract is around US$850 million.

Saipem’s scope of work entails the engineering, fabrication, transportation and installation of approximately 60 km of rigid pipelines and of subsea facilities at a depth of around 1,100 meters, and the transportation and installation of flexible flowlines, jumpers and 17 km of umbilicals. 

Azule Energy awards US$7.8 billion in contracts for upstream Angola project | OilNOW

Fabrication activities will be executed at Saipem’s Ambriz yard, in Angola. For the offshore installation campaign, Saipem expects to deploy its FDS vessel, for the transportation and laying activities of the rigid pipelines. 

Saipem is a leader in engineering and construction of major projects for the energy and infrastructure sectors. The company has been awarded contracts for subsea work for all six ExxonMobil-operated oil developments offshore Guyana.

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