“We are proud to continue working with our valued partner TotalEnergies EP Angola, with the support of our large installed base,” stated Jonathan Landes, President, Subsea at TechnipFMC, adding that, “Our framework agreement and the CLOV 3 contract are the result of several years of collaboration to standardize subsea production equipment and optimize subsea developments.”
The contract follows a final investment decision to the tune of $850 million announced by TotalEnergies and Angola’s National Agency of Petroleum, Gas and Biofuels last week.
Comprising an extension of the subsea production network at the CLOV complex in Block 17, the CLOV 3 development is set to significantly increase production at the field, with first production expected in 2024.
