Offshore contractor SBM Offshore has extended its presence on Block 15 offshore Angola by agreeing a further lease and operations term for the FPSOs Mondo and Saxi Batuque, keeping both units on the block until 2032.
The contract has been signed with Esso Exploration Angola (Block 15) Ltd., the operator of Block 15 and an affiliate of ExxonMobil. The new phase of work covers measures to extend the operating life of the units, including replacing and refurbishing equipment to support safety, reliability and overall performance over the coming decade. Activities under this scope are expected to start in 2026.
According to SBM Offshore, the deal is in line with its long-running role in complex brownfield offshore projects and in operating and maintaining deepwater floating production systems. The FPSOs Mondo and Saxi Batuque continue to provide production capacity for Block 15.
Chief Executive Officer Øivind Tangen said he welcomed the extension of the contracts for Mondo and Saxi Batuque, noting that it enables the company to keep its structure and scale in Angola and to provide job security for its teams. He added that SBM Offshore intends to maintain safe and reliable operations throughout the extended term.
Block 15 is operated by Esso Exploration Angola (Block 15) Ltd. together with partners Azule Angola, Equinor Angola Block 15 A.S. and Sonangol E&P. SBM Offshore has been active in Angola for over 30 years and said the renewed contracts strengthen its long-term role in supporting the country’s offshore energy sector.
