Angola consortium lets development contracts to Saipem

Aug. 11, 2022
A consortium led by Azule Energy let three contracts to Saipem for development of Quiluma and Maboqueiro fields off the northwest coast of Angola, the service provider said in a release Aug. 11.

A consortium led by Azule Energy let three contracts (one onshore, two offshore) to Saipem for development of Quiluma and Maboqueiro fields off the northwest coast of Angola, the service provider said in a release Aug. 11.

Angola’s first non-associated gas development project, sanctioned in July, includes two offshore wellhead platforms, an onshore gas processing plant, and a connection to the Angola LNG plant for the marketing of condensates and gas via LNG cargoes (OGJ Online, July 27, 2022). Project execution activities will start in 2022 with a first gas planned in 2026 and an expected production of 330 MMscfd at plateau (about 4 bcf/year).

With an overall value of around $900 million, Saipem will provide engineering, procurement, and construction activities, including hook-up and commissioning assistance, of the Quiluma platform and related onshore natural gas processing plant.

The New Gas Consortium partners encompass Eni (25.6%, operator), Chevron affiliate CABGOC (31%), Sonangol P&P (19.8%), bp (11.8%) and TotalEnergies (11.8%).