Saipem secures $3.7 billion contracts for TotalEnergies’ Kaminho project offshore Angola

May 21, 2024

(WO) – Saipem has been awarded three new contracts by TotalEnergies EP Angola Block 20, a subsidiary of TotalEnergies, for the Kaminho deepwater project relating to the development of Cameia and Golfinho oil fields, approximately 100 km offshore Angola. The overall amount of the contracts is $3.7 billion.

The first contract refers to the Engineering, Procurement, Construction, Transportation and Commissioning of the Kaminho Floating Production Storage and Offloading (FPSO) vessel.

The second contract entails the Operation and Maintenance (O&M) of the same FPSO for 12 years, with a potential 8-year extension, leveraging on the expertise acquired from three other FPSOs currently operating offshore Angola.

The third contract involves the Engineering, Procurement, Supply, Construction, Installation, Pre-Commissioning and Assistance for the commissioning and start-up of a Subsea, Umbilicals, Risers and Flowlines (SURF) package, which includes approximately 30 km of 8” and 10" subsea flowlines and risers, and umbilicals. The associated structures will be fabricated in Saipem’s local yard in Ambriz.

For the offshore campaign, and specifically for the J-lay vessel, Saipem will deploy its FDS and will widely involve the local supply chain for logistics and fabrication activities.


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