Italian service company Saipem has been awarded one onshore and two offshore contracts worth $900 million by the Azule Energy-led New Gas Consortium, the company announced on August 11.
The contracts include Engineering, Procurement and Construction (EPC) activities relevant to the Quiluma & Maboqueiro fields development project off the northwest coast of Angola.
The New Gas consortium is composed by two wholly owned subsidiaries of Azule Energy, Sonangol P&P, Chevron and TotalEnergies.
Saipem will handle the engineering, procurement and construction, including hook-up and commissioning assistance, of the Quiluma platform and of the relevant onshore natural gas processing plant.
According to the company, the contracts confirm customers’ trust in Saipem for the execution of complex projects both in terms of technology and logistics, carried out in line with local content and with the highest environmental sustainability standards. In particular, this is the first project carried out in Angola relevant to a “Non-Associated Gas” field.
The participation in the development initiatives of the “Lower Congo Basin”, will provide the Angola LNG plant with additional gas volumes for both international and domestic market. The company also said in a press release that the contracts consolidate Saipem’s strategic positioning in West Africa and in Angola, where the company has been working for over 40 years.