Subsea 7 SA has been awarded a substantial contract by Chevron Corp. subsidiary Cabinda Gulf Oil Company Ltd. (CABGOC), the company said on Jan. 22. The contract is for the Sanha Lean Gas Connection (SLGC) project comprising the construction and installation of the Lean Gas Platform (LGP) system in Block-0 offshore Angola, at a water depth of approximately 70 meters.
Project management and engineering will be performed from Subsea 7’s offices in Paris and Lisbon. Fabrication will take place at Sonamet’s yard in Lobito, Angola from 2021 to 2022, while offshore operations will occur from 2022 and 2023.
“We are delighted to have been awarded this contract by CABGOC, following a public tender,” Gilles Lafaye, senior vice president of Africa, Middle East and Caspian Region, said. “This is the result of a long-term collaboration with the client and a track record of delivering successful projects. The project reinforces Subsea 7’s presence in Angola and our commitment to support Africa’s energy industry.”
Subsea 7 defines a substantial contract as being between $150 million and $300 million.
Recommended Reading
TotalEnergies Starts Production at Akpo West Offshore Nigeria
2024-02-07 - Subsea tieback expected to add 14,000 bbl/d of condensate by mid-year, and up to 4 MMcm/d of gas by 2028.
Tech Trends: SLB's Autonomous Tech Used for Drilling Operations
2024-02-06 - SLB says autonomous drilling operations increased ROP at a deepwater field offshore Brazil by 60% over the course of a five-well program.
ONGC’s M Field Starts Production in Bay of Bengal
2024-01-09 - ONGC’s M Field represents the second phase of the larger 98/2 Block development project which is expected to reach peak production of 45,000 bbl/d and 10 MMcm/d.
Seadrill Awarded $97.5 Million in Drillship Contracts
2024-01-30 - Seadrill will also resume management services for its West Auriga drillship earlier than anticipated.
E&P Highlights: Jan. 22, 2024
2024-01-22 - Here’s a roundup of the latest E&P headlines, including FIDs for the Victory and Winterfell fields and new technology updates.