French American oil and gas services company, TechnipFMC, has been awarded an offshore subsea contract in Angola by French energy group subsidiary TotalEnergies EP Angola.
The contract, estimated between $75 million and $250 million, will see TechnipFMC supplying subsea production systems for the CLOV 3 development in Block 17, offshore Angola.
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Representing the first contract following TechnipFMC and TotalEnergies’ framework agreement – which covers subsea trees for brownfield developments in Block 17 in Angola – the contract will comprise subsea 2.0 trees and associated controls, umbilical termination assemblies, jumpers and services.
“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.
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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.
