Sembcorp Marine to Convert Euronav VLCCs for Kaombo Project

Three months after winning the $4 billion project to supply and operate a pair of FPSOs offshore Angola for Total, Saipem has selected Sembcorp Marine's Sembawang Shipyard to undertake the S$600 million (USD $483.2 million) project to convert two ~315,000 ton deadweight Very Large Crude Carriers (VLCCs) into two turret-moored FPSOs. The Olympia and Antarctica are currently … [Read more...]

Bluewater’s Turret Mooring System Selected for Kaombo FPSOs

Netherlands-based single point mooring specialist Bluewater Energy Services B.V. has been contracted today by Saipem for the engineering, procurement and construction of two complete deepwater turret mooring and swivel systems for Total's Kaombo Field Development Project offshore Angola. In April, Saipem won the $4 billion contract from Total to supply and operate a pair of … [Read more...]

Saipem Picks up $4 Billion in Kaombo FPSO Contracts

Total's final investment decision on Monday to develop Block 32 offshore Angola has resulted in extremely good news for Italian EPC firm Saipem.  Their company has just been awarded USD $4 billion in contracts to supply and operate a pair of converted turret-moored Floating Production Storage and Offloading units (FPSO) for the Kaombo Field Development Project. The contract … [Read more...]

Technip and Heerema Win Biggest Subsea Contract Ever

Following Total E&P Angola's $16 billion final investment decision on Monday, Technip and Heerema Marine Contractors have been awarded the largest SURF (subsea, umbilical, riser, flowline) contract ever to develop the Kaombo project located in Block 32 offshore Angola in water depths up to 2,000 meters. The contract is valued at approximately USD $3.5 billion with a … [Read more...]