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Angola: Saipem awarded three new contracts by TotalEnergies EP Angola Block 20 for the Kaminho project for an overall amount of 3.7 billion USD


23 May 2024

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Saipem has been awarded three new contracts by TotalEnergies EP Angola Block 20, a subsidiary of TotalEnergies, for the Kaminho project relating to the development of Cameia and Golfinho oil fields, located approx. 100 km off the coast of Angola. The overall amount of the contracts is 3.7 billion USD.

The first contract refers to the Engineering, Procurement, Construction, Transportation and Commissioning of the Kaminho Floating Production Storage and Offloading (FPSO) vessel.

The second contract entails the Operation and Maintenance (O&M) of the same vessel FPSO for a firm period of 12 years with a potential 8-year extension, leveraging on the expertise acquired from three other FPSOs currently operating in Angola.

The third contract involves the Engineering, Procurement, Supply, Construction, Installation, Pre-Commissioning and Assistance for the commissioning and start-up of a Subsea, Umbilicals, Risers and Flowlines (SURF) package which includes approximately 30 km of 8” and 10" subsea flowlines and risers, and umbilicals. The associated structures will be fabricated in Saipem’s local yard in Ambriz.

For the offshore campaign, and specifically for the J-lay vessel, Saipem will deploy its FDS and will widely involve the local supply chain for logistics and fabrication activities.

The joint award of the SURF, FPSO and O&M contracts confirms the competitiveness of Saipem’s integrated business model, in particular the company's unique capability to provide offshore and plant project management and engineering services, combined with a state-of-the-art fleet and local fabrication capacity.

Original announcement link

Source: Saipem





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