A Barrel Fulll Archive

August 11, 2022 Saipem has been awarded three new contracts (one onshore and two offshore) by the New Gas Consortium composed by two wholly owned subsidiaries of Azule Energy (Eni Angola Exploration B.V. and BP Exploration (Angola) Limited), Sonangol P&P, Chevron, TotalEnergies, for the Engineering, Procurement and Construction (EPC) activities relevant to the Quiluma & Maboqueiro fields development project off the northwest coast of Angola. With an overall value of around 900 million USD, Saipem is taking care of the engineering, procurement and construction, including hook-up and commissioning assistance, of the Quiluma platform and of the relevant onshore natural gas processing plant. This confirms 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 t...

22 Jan 2021 Subsea 7 today announced the award of a substantial contract by Cabinda Gulf Oil Company Limited (CABGOC). 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 metres. 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. Gilles Lafaye, Senior Vice President Africa, Middle East and Caspian Region says: “We are delighted to have been awarded this contract by CABGOC, following a public tender. 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”.

August 16, 2023 Chevron’s subsidiary in Angola, Cabinda Gulf Oil Company Limited (CABGOC) announced today the commencement of works of the South N’dola wellhead platform fabrication in the province of Cuanza Sul. To celebrate this important project milestone, CABGOC hosted a “first steel cutting” ceremony” at ALGOA’s yard in Porto Amboim, with the attendance of the provincial Governor, Job Capapinha, and the Minister of Mineral Resources, Petroleum and Gas, Diamantino Azevedo. The South N’dola development is a project which will be proudly made in Angola, by Angolans, for Angola. It is an application of a strategy which focuses on developing low cost, short cycle, and minimal scope projects. The field is located in Block 0, 60 km from the Malongo Terminal, in Cabinda. The project consists of a well head platform with 12 production wells and a tie-back to the existing Mafumeira production and processing platform, where fluids will be processed and exported into Block 0’s oil and gas tr...

March 8, 2017 Chevron Corporation (NYSE: CVX) announced today that its subsidiary, Cabinda Gulf Oil Company (CABGOC) Limited, has commenced oil and gas production from the main production facility of the Mafumeira Sul project offshore Angola. “This milestone supports our priority of completing major projects and improving free cash flow,” said Jay Johnson, executive vice president, Upstream, Chevron Corporation. “The Mafumeira Sul project generates new production and value for Angola, our partners and the corporation.” Located 15 miles (24 km) offshore Cabinda province in 200 feet (60 m) of water, Mafumeira Sul is the second stage of development of the Mafumeira Field in Block 0. It has a design capacity of 150,000 barrels of liquids and 350 million cubic feet of natural gas per day. Early production from the project commenced in October 2016 through a temporary production system. Ramp-up to full production is expected to continue through 2018. CABGOC is the operator and holds a 39.2...

Nov. 15, 2018  McDermott International, Inc. (NYSE: MDR) announced today an event that was hosted at their world-class fabrication yard in Altamira, Tamaulipas, Mexico celebrating the sail away and another project milestone of the PEMEX Exploración y Producción PB-Abkatun-A2 oil and gas production platform. Representatives from PEMEX, government officials, including Governor of Tamulipas, Fran isco Garcia Cabeza de Vaca, McDermott and regional news outlets participated in the event. The PB-Abkatun-A2 platform is McDermott's largest project in size and total value to date for PEMEX. The USD $454 million engineering, procurement, construction and installation and commissioning (EPCIC) project was awarded to the Company in June 2016. McDermott's scope of the work spanned from the basic engineering design to tie-in and commissioning of the jacket, deck, four tripod jackets, and four bridges about 100 meters each. Two tripods were designed to be used as part of the flare system whi...

June 10, 2024 SFPP, L.P. (SFPP) , a subsidiary of Kinder Morgan, Inc. (NYSE: KMI), today announced the launch of a binding open season to solicit commitments to support a proposed expansion of the East Line portion of its pipeline system from El Paso, Texas to Tucson, Arizona. The open season began at 8:00 a.m. Central Standard Time today, June 10, 2024 and is scheduled to end at 5:00 p.m. Central Standard Time on August 9, 2024. The expansion is estimated to provide up to 10,000 barrels per day (on a gasoline equivalent basis) of incremental capacity available for the transportation of diesel that meets the requirements for export to Mexico and domestic grade products (gasoline, jet and diesel) from El Paso, Texas to Tucson, Arizona. The total amount of the expansion capacity available is scalable and will be dependent on the overall level of interest SFPP receives during the open season. The open season process provides potential shippers the opportunity to obtain firm capacity on th...