Page 12 - AfrOil Week 09 2023
P. 12

AfrOil                                 PROJECTS & COMPANIES                                            AfrOil

























                                                         Agogo lies within a block operated by Azule Energy (Image: Eni)

       Service contracts awarded for Agogo field






            ANGOLA       FOUR international service providers have   umbilicals, ancillary equipment and services.
                         been awarded contracts related to the develop-  Aker Solutions has said it intends to man-
                         ment of Agogo, an oilfield located within Block   ufacture the umbilicals at its own site in Moss,
                         15/06 offshore Angola and operated by Azule   Norway. The company is looking to start work
                         Energy, a joint venture established in August   immediately and will deliver the equipment in
                         2022 by Eni (Italy) and BP (UK).     the second quarter of next year.

                         Yinson’s FPSO deal                   Subsea 7’s pipelines
                         One of the contracts was awarded to Yinson   Yet another contract was awarded to Lon-
                         (Malaysia) by Eni Angola, and it concerns the   don-headquartered Subsea 7 by Azule Energy.
                         provision and maintenance of a floating produc-  It calls for Subsea 7 to deliver and install around
                         tion, storage and off-loading (FPSO) vessel for   98 km of flexible piping, along with 30 km of
                         the Agogo Integrated West Hub Development   umbilicals and associated subsea structures
                         Project at Block 15/06. It calls for Yinson to build   in water depths of around 1,700 metres. These
                         and deliver the FPSO Agogo in time for devel-  materials will be fabricated at the Sonamet yard
                         opment operations to start in the fourth quarter   in Lobito, with the work taking place between
                         of 2025.                             the fourth quarter of 2024 and the fourth quar-
                           The deal is valued at approximately $5.3bn   ter of 2025.
                         and will remain in force for 15 years from the   Subsea 7 described the value of the contract
                         date of the FPSO’s final acceptance, though   as “large,” worth $300-500mn. It did not provide
                         Azule Energy will have the option to extend it   a more precise figure.
                         for five more years.
                           This FPSO will be the eighth unit that Yinson   Baker Hughes’ subsea equipment
                         has built for a field in the West African region,   Lastly, US-based Baker Hughes was awarded
                         as well as its first FPSO built for a production   a contract by Azule Energy to provide subsea
                         site in Angola’s offshore zone. The contract will   equipment and services for the Agogo oilfield. In
                         brings the Malaysian company’s total orderbook   a statement, the oilfield services giant said that
                         to around $22.4bn.                   the scope of work included 23 standard subsea
                                                              trees, 11 Aptara manifolds, SemStar5 fibre optic
                         Aker Solutions’ umbilicals           controls and the related system scope of supply.
                         Meanwhile, Aker Solutions, a Norwegian off-  Baker Hughes reported that it had also agreed
                         shore engineering and construction firm, won   to provide services and aftermarket support for
                         a separate contract from Eni Angola. It has   the Agogo Integrated West Hub Development
                         described the value of the deal as significant   Project system. It further described the contract
                         and has said it will provide dynamic and static   as a “major” award and its first new large-scale
                         subsea umbilicals for the Agogo Integrated West   greenfield project in Angola’s offshore zone in
                         Hub Development Project.             the last five years.
                           According to a company statement, the con-  The US-based company also stressed the
                         tract covers the engineering, manufacturing   local-content component of the project, noting
                         and delivery of a complete umbilical system for   a large portion of the equipment delivered to
                         the project. This system will include 36 km of   Azule Energy would be manufactured, assem-
                         dynamic and static subsea production control   bled and then tested in Angola. ™



       P12                                     www. NEWSBASE .com                      Week 09   02•March•2023
   7   8   9   10   11   12   13   14   15   16   17