Angola News


Baker Hughes Lands Major Subsea Equipment and Services Deal with Azule Energy

Feb 28, 2023

Oilfield services giant Baker Hughes said Tuesday it had scored a 'major' contract to provide subsea equipment and services for the Angolan company Azule Energy's Agogo offshore oilfield. Azule Energy, the Angolan joint venture of oil companies BP and Eni…

Yinson Bags $5.3B Deal for its First FPSO Project in Angola

Feb 28, 2023

Malaysian company Yinson has secured a firm contract to provide and maintain an FPSO for Azule Energy, a BP-Eni joint venture, in Angola.The contract, awarded by Eni Angola, is for the provision of the FPSO for the  Agogo Integrated West Hub Development Project in Angola (“FPSO Agogo”)…

Flexible Pipes to Extend the Life of Girassol Offshore Field in Angola

Feb 21, 2023

TechnipFMC has won a contract with TotalEnergies to supply flexible pipe and associated hardware for what it said was the French oil major's first subsea life extension project in West Africa.The project, in Angola's offshore Block 17, is related to the Girassol field life extension…

TotalEnergies' Dalia Oilfield in Angola to start 35-day Maintenance in Feb.

Jan 24, 2023

TotalEnergies' offshore oilfield Dalia in Angola will undergo planned maintenance for about 35 days starting Feb. 20, a company spokesperson said on Tuesday.The company added that the maintenance will include inspections of equipment, subsea lines and works relating to flare tips…

Chevron Awards 12-month Extension for Shelf Drilling's Jack-up Rig in Angola

Jan 04, 2023

Offshore drilling firm Shelf Drilling said Wednesday it had won a one-year contract extension for its Shelf Drilling Tenacious jack-up rig.The contract is a direct continuation of its current contract for drilling operations offshore Angola…

Short-term Charter Extension for Yinson's FPSO in Nigeria

Dec 21, 2022

Malaysia's FPSO leasing company Yinson has secured a one-month contract extension for its Adoon FPSO in Nigeria.The contract was signed with client Addax, a Sinopec subsidiary, on December 16, 2022 and will run until January 2023.The value of the contract extension is estimated to be $3…

Wah Seong Wins $127M FPSO Topside Module Order

Dec 09, 2022

Wah Seong Corporation's Singapore-based subsidiary, WS Engineering & Fabrication Pte. has won a contract to build FPSO topside modules from Malaysian FPSO supplier Yinson.The contract is worth around $127 million.According to Wah Seong, the scope of work of the contract involves engineering…

Yinson, Azule Energy in Angola FPSO Deal

Dec 05, 2022

Malaysian FPSO leasing company Yinson has agreed to start preliminary activities for the provision of an FPSO for Eni, BP JV in Angola, called Azule Energy.Under the agreement with Azule Energy, Yinson will kick off preliminary activities for the provision…

Exxon to Exit Equatorial Guinea

Nov 29, 2022

Exxon Mobil Corp will wind down oil production in Equatorial Guinea and leave the West African country after its license expires in 2026, two sources close to the matter told Reuters. The departure reflects a wider move by major oil producers…

Angola: Chevron Extends Jack-up Drilling Rig Contract

Nov 21, 2022

Oslo-listed offshore drilling company Shelf Drilling has secured a contract extension for its Shelf Drilling Tenacious jack-up rig.The contract is in direct continuation of its current contract for drilling operations offshore Angola until November 2023…

Saipem Wins Offshore Drilling Contracts Worth $800M

Nov 15, 2022

Italian energy industry services firm Saipem said Wednesday it had secured new offshore drilling contracts, three in the Middle East and two in West Africa, worth around $800 million in total.  In the Middle East, two new contracts have been awarded for two high-specification jack-up drilling units…

ExxonMobil Strikes First Discovery in Angola Block 15 in Nearly 20 Years

Nov 09, 2022

U.S. oil major ExxonMobil has made a discovery at the Bavuca South-1 exploration well at the Block 15, offshore Angola.The well encountered 30 meters (98 feet) of high-quality, hydrocarbon-bearing sandstone. It is located approximately 365 kilometers…

Angola: Sonadrill Wins 12-well, $402,500 Per Day Contract for Libongos Drillship

Nov 03, 2022

Sonadrill, Seadrill's 50:50 joint venture with an affiliate of Sonangol, has secured a 12-well extension in Angola for the Libongos drillship at $402,500 per day.The total contract value for the firm part of the deal is around $327 million, inclusive of additional services…

McDermott Bags Significant Contract with TotalEnergies Offshore Angola

Sep 20, 2022

Offshore engineering and construction firm McDermott International said Tuesday that it secured a 'significant' contract with TotalEnergies EP Angola Block 17/06.  McDermott defines a significant contract as between USD $250 million and $500 million…

Saipem Nets $900M Deal to Deliver Angola's First Non-associated Gas Project

Aug 11, 2022

Italian oilfield services firm Saipem said Thursday it had secured three new engineering and construction contracts - one onshore and two offshore - in Angola. The total value is around $900 million.The contracts are with the New Gas Consortium…

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