Saipem and TechnipFMC secure work offshore Angola worth over $1bn

AI Summary

Saipem and TechnipFMC have secured over $1 billion in offshore work for the Greater PAJ project off Angola's coast. The contracts involve transportation and installation services awarded by Azule Energy, a joint venture of Eni and BP.

Italian offshore contractor Saipem and offshore contracting giant TechnipFMC have been awarded work on the greenlit Greater PAJ project offshore Angola by Azule Energy, Eni and BP’s joint venture. Saipem’s contract is mainly for transportation and installation services for the project, located approximately 200 km off the coast of Angola. The contract, with a duration …