Azule Energy, a 50-50 joint venture between Eni and bp PLC, let a long-term frame agreement to Aker Solutions ASA for work on two 1.75 MMboe/d floating production, storage, and offloading vessels (FPSO) in Angola.
Work on FPSOs Greater Plutonio and PSVM comprises engineering, procurement, and construction services (EPC) of the brownfield maintenance and modifications scopes. The agreement is a continuation of the current frame agreement Aker Solutions has with the operator. Contract duration is 3 years plus two 1-year options. The service provider values the contracts at NOK 0.5-1.5 billion.
The contract will be executed and delivered by the Aker Solutions’ team based in Luanda, Angola, and Aberdeen, UK. The project management will be based in Angola to be close to the operation and continue to develop locally.