Azule Energy Assigns Contracts Valued at $900 Million to Saipem for Gas Project in Angola

Azule Energy Assigns Contracts Valued at $900 Million to Saipem for Gas Project in Angola

The Italian company Saipem won 3 important new service contracts for the New Gas Consortium (NGC) led by Azule Energy (Eni Angola & bp Angola), for the development of the Quiluma and Maboqueiro gas fields, located offshore Angola.

The Italian player was awarded 1 onshore contract and 2 offshore contracts, with a global value of around US$900 million, Saipem will be responsible for engineering, procurement and construction, as well as connection and commissioning assistance for the Quiluma platform and a onshore natural gas processing plant.

The Project represents the 1st development of non-associated natural gas in Angolan waters and will have a connection line to the Angola LNG factory where the gas will be converted into LNG and condensate for consumption and commercialization.

Other members of the NCG consortium include Angolan oil company Sonangol P&P (19.8%), Chevron (31%) and TotalEnergies (11.8%).

The exploration and development of the Quiluma and Maboqueiro fields marks an important step in the history of the Angolan oil industry, as it will unlock new untapped energy sources, providing a reliable supply of gas for the Angola LNG project and continued economic and social growth. this southern African country.

Loading

Share this article

You have successfully subscribed to the AMG Weekly newsletter

There was an error while trying to send your request. Please try again.

Angolan Mining Oil & Gas will use the information you provide on this form to be in touch with you and to provide updates and marketing.