Engineering company Aker Solutions has been awarded a multi-year FPSO contract by international energy company Azule Energy for works related to the construction of two FPSO vessels in Angola. The company will provide brownfield maintenance and modification support for the Greater Plutonio and PSVM vessels over a period of three years, with two one-year options included in the deal.
A continuation of the existing framework agreement in place between Aker Solutions and Azule Energy, the deal will see Aker Solutions spearhead the engineering, procurement and construction services for the FPSOs. The Greater Plutonio FPSO – with a capacity of 1.74 million barrels – is located at the Block 18 concession, while the PSVM FPSO – with a capacity of 1.6 million barrels – is located at Block 31. The contracts are estimated at $47.3 million and $141.9 million, respectively.
According to Paal Eikeseth, Executive Vice President and Head of Life Cycle at Aker Solutions, “We are building on our robust track record in Angola, dating back to 1998. Aker Solutions is a leading service operator and has a clear ambition to grow internationally. This new contract strengthens our global life cycle operations and is a pivotal project for our offices in Aberdeen and Luanda.”
Eikeseth added that over 40% of the work will be completed in Angola in order to take advantage of the close proximity to the operations while enabling the development of the local workforce.
