NEWS
Angola: Sapura Energy wins $300 million offshore platform contract
Malaysia's Sapura Energy has been awarded a contract to transport and install an offshore platform in Angola.
The contract, with Azule Energy, an Angolan joint venture between Eni and BP, is worth around $300 million and relates to the Angola Northern Gas Complex project (NGC) .
Under the contract, Sapura Energy will provide engineering, transportation and installation services, as well as other activities related to the Quiluma and Maboqueiro platform for the Angola NGC project.
Work is scheduled for completion by the fourth quarter of fiscal 2026.
The contracts were signed by Sapura Energy subsidiaries Sapura Offshore, Sapura Energy DMCC and Sapura Energy Engineering & Construction.
The Q&M project comprises two offshore wellhead platforms, an onshore gas processing plant and a connection to the Angola LNG plant for marketing condensate and gas via LNG cargoes.
Azule Energy declared after last year's IDF that first gas was scheduled for 2026, with production expected to reach 330 mmscf/day at plateau (around 4 billion cubic meters/year).
The contracts, worth a total of around US$1 billion, were awarded last year to Saipem for the onshore plant EPC contract; Saipem for the Quiluma platform EPC contract; JV Gruppo Antonini/Proger/Kerry Logistics for the Maboqueiro platform EPC contract; and Baker Hughes for the supply of turbochargers.
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