ChevronTexaco awards subsea equipment contract off Angola

Aug. 2, 2004
ChevronTexaco Corp.'s Angola-based affiliate Cabinda Gulf Oil Co. Ltd. awarded a $125 million subsea equipment contract to the Houston-based Vetco Gray for the Lobito Tomboco project on Block 14 off Angola.

By OGJ editors
HOUSTON, Aug. 2 -- ChevronTexaco Corp.'s Angola-based affiliate Cabinda Gulf Oil Co. Ltd. awarded a $125 million subsea equipment contract to the Houston-based Vetco Gray for the Lobito Tomboco project on Block 14 off Angola.

The 3 year contract calls for 22 subsea horizontal trees, six manifolds, and integrated subsea and surface controls systems. The engineering, manufacture, and installation contract also calls for services, spares, and options for additional trees and manifolds.

First production from Lobito and Tomboco fields is expected by 2007. The 1,560 sq mile deepwater Block 14 is off the enclave of Cabinda, Angola (OGJ Online, Dec. 27, 2002).