Bumi Armada, Eni Ink FPSO Deal Off Angola

Bumi Armada Berhad was awarded a contract by Eni Angola S.p.A. for the chartering, operation and maintenance of an FPSO tanker facility complete with Mooring System at the Block 15/06 East Hub field, located in deep water offshore Angola.

The contract is for a firm charter of 12 years with options of 8 yearly extensions.

The estimated aggregate value of the contract for the firm charter period is approximately USD3.0 billion, with a further aggregate contract value of USD0.9 billion if Eni Angola exercises all the extension options in full.

The FPSO is expected to commence operations in the Block 15/06 field in the fourth quarter of 2016.

August 20, 2014; Image: Total

Share this article

Follow Subsea World News

Events>

<< Dec 2017 >>
MTWTFSS
27 28 29 30 1 2 3
4 5 6 7 8 9 10
11 12 13 14 15 16 17
18 19 20 21 22 23 24
25 26 27 28 29 30 31

European Gas Conference 2018

The European Gas Conference celebrated its tenth anniversary amid an air of increasing optimism following considerably shifting markets in the last few years…

read more >

Future Energy Asia Exhibition & Conference (FEA) 2018

The transformation and development of Thailand is a major priority for the government which creates incredible business opportunities…

read more >

The World Future Energy Summit (WFES) 2018

WFES will also hold its annual conference, which sees international government and business experts come together to discuss critical global…

read more >

HYPACK 2018

This training event will offer instruction on the newest features of HYPACK® 2018 as well as comprehensive training for both novice…

read more >