CIMC Raffles to build FPSO for Angola project

AI Summary

CIMC Raffles has contracted to construct an FPSO vessel for Angola's Greater PAJ project led by Azule Energy. The vessel will support oil and gas processing and have production capacity up to 95,000 barrels per day, emphasizing developments in offshore energy infrastructure.

Chinese yard CIMC Raffles has signed a contract for the Azule Energy-led Greater PAJ FPSO EPCIC project off Angola. The Greater PAJ FPSO will undertake the functions of oil and gas reception, processing, storage, and offloading. Once operational, the unit will have a production capacity of up to 95,000 barrels of oil per day. Under …