Search
Close this search box

Saipem Wins $1 Billion Greater PAJ Offshore Contract

Saipem has secured a $1 billion contract from Azule Energy for transportation and installation work on the Greater PAJ development offshore Angola.
Castorone (Image source: Saipem)

SHARE ARTICLE

Saipem has secured a $1 billion offshore contract from Azule Energy for transportation and installation work on the Greater PAJ development offshore Angola.

The project is one of the largest ultra-deepwater developments currently under way in sub-Saharan Africa. The contract will run for approximately 40 months and covers engineering, fabrication, transportation and installation services for subsea infrastructure at the field, located around 200 km off Angola.

Saipem will install approximately 180 km of rigid pipelines and subsea facilities in water depths of up to 2,000 m. The scope also includes transportation and installation of 38 km of flexible flowlines and jumpers, along with 54 km of umbilicals.

Fabrication work will be carried out at Saipem’s Ambriz yard in Angola, with local suppliers and workforce expected to be involved in the project execution.

For offshore installation, Saipem plans to deploy the construction vessels FDS and Castorone.

The award follows a separate contract secured by TechnipFMC from Azule Energy to supply flexible flowlines and risers for the same development.

Azule Energy, jointly owned by Eni and BP, is Angola’s largest independent oil and gas producer and has been advancing offshore projects as the country seeks to offset declining output from mature fields.

Editorial Note:
This article was prepared with the assistance of AI tools to enhance clarity and efficiency.
All information has been reviewed and verified by the HMT News editor.
HD Hyundai is advancing plans for a 2.5 million GT shipyard in Thoothukudi, India, as it seeks an overseas production base for tankers and bulk carriers.
Odfjell Drilling has received a three-year Vår Energi LOA for Deepsea Bergen worth an estimated $518 million, extending the semi-submersible rig’s firm backlog to Q1 2031.
The Consultative Shipping Group warns that geopolitical tensions, unilateral trade measures and the shadow fleet are putting pressure on global shipping rules and freedom of navigation.

Subscribe to HMT WEEKLY

Receive HMT WEEKLY in your mailbox.

Heavy Marine Transport News, Delivered Daily — Stay informed on shipping, offshore, and global logistics.

SECTION

INFORMATION

CONTACT

For general inquiries and to contact us,
please email: info@hmt-news.com