
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.

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

Angola has started gas deliveries from the Quiluma field, marking the launch of its first non-associated gas development. The project, led by Azule Energy, will raise exports to 330 million scf/d by the end of 2026 and support feedgas supply to Angola LNG.

Seadrill said Sonadrill has secured a contract extension for Sonangol Quenguela in Angola after a seven-well priced option was exercised, adding about 480 days through June 2028.

Saipem reports two West Africa offshore discoveries with Eni: gas and condensates at Côte d’Ivoire’s Calao South and an estimated 500 million barrels of oil in Angola’s Block 15/06.

Chevron reports first oil from South N’dola in Angola’s Block 0 in December. The project ties back to the Mafumeira facility, using existing capacity to support efficient development.

SBM Offshore has extended lease and operations terms for FPSOs Mondo and Saxi Batuque on Angola’s Block 15 to 2032, with life-extension work on the units planned to start in 2026.

Borr Drilling reported higher Q3 2025 revenue and new contracts in Mexico, the Gulf of America, and Angola, with strong rig utilization across its fleet.

McDermott has completed its first subsea project in Angola, connecting five wells to the Pazflor FPSO for TotalEnergies’ Begonia development.
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