Offshore engineer Technip has landed its second major contract on a giant new African oil discovery within a week.
The French firm is part of a consortium to have secured a deal worth potentially more than £200million to develop umbilical systems for the key Kaombo project off the coast of Angola.
It comes just days Technip secured a contract from Total to carry out engineering, procurement and pre-commissioning for the subsea infrastructure on the find.
Total gave the green light to the £10billion development of the Kaombo field earlier this week, after managing to shave a fifth off the original cost of the ultra-deepwater offshore project.
The field, around 260km off Luanda in water depths of up to 1900m, will see Total and partners Sonangol, Sinopec and ExxonMobile develop a resource thought to contain up to 650million barrels of oil equivalent.
Since giving the project the green light, billions of pounds worth of contracts with Aker and Saipem have already been agreed, with Technip the latest beneficiaries.
The new contract will see its Angloflex consortium with Sonangol and Duco providing 120km of umbilicals – most of which will be maufactured in the country.
UK-based oil and gas cable maker Duco will manage the project from Newcastle, with first deliveries scheduled for 2016.
“We are very proud to have been selected again by Total to support this major Angolan development, which is the largest umbilical supply contract awarded to Technip,” said Duco boss Jean-Louis Rostaing.
“This contract is an excellent example of our capabilities to deliver large and complex umbilical projects and our unique position to manufacture umbilicals locally in Angola.”
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