Aker Solutions won a contract worth NOK 14 billion from Total to provide a subsea production system for the Kaombo Block 32 development in Angola.
Aker Solutions will deliver 20 subsea manifolds and 65 vertical subsea wellsets. The order also includes associated controls as well as work-over and tie-in systems. The first deliveries are scheduled for the second quarter of 2015.
"This is a landmark contract and further strengthens an important relationship with a key partner," said Øyvind Eriksen, executive chairman of Aker Solutions. "It's a significant commercial achievement for our subsea business as well as an important strategic development in our expansion in Angola and the broader region."
Kaombo, one of the world's largest subsea developments, is located in block 32 about 150 kilometers off the coast of Angola.
Joint Venture
Aker Solutions is committed to developing local content and project execution capabilities in Angola, where it employs about 130 people. The company has set up a joint venture with Prodiaman Oil Services Lda, an Angolan company that will execute local content activities related to this and other future Aker Solutions subsea projects in Angola.
"I am delighted to be part of this significant project with Aker Solutions for Total," said Prodiaman's president Pedro Godinho. "I look forward to seeing that this project makes significant contributions to the education system through knowledge transfer and job creation in a high-tech industry, all for the benefit of Angola."
Aker Solutions has been in Angola since 1999.
About Aker Solutions
Aker Solutions is a global provider of products, systems and services to the oil and gas industry. Our engineering, design and technology bring discoveries into production and maximize recovery from each petroleum field. We employ approximately 28,000 people in about 30 countries.
About Total Exploration & Production in Angola
Total has been present in Angola since 1953. In 2013, Total’s equity production amounted to 186,000 barrels of oil equivalent per day (boe/d). Most of this production comes from blocks 17, 0 and 14. At the end of 2013, Total operated close to 600,000 boe/d, making it the country’s leading oil operator.
Total’s principal asset in Angola, deep-offshore Block 17 (40%, operator), consists of four major zones: Girassol, Dalia, Pazflor (which are all in production) and CLOV, which is currently being developed. The development of CLOV started in 2010 and will result in the installation of a fourth FPSO with a production capacity of 160,000 boe/d, with a start-up scheduled in mid-2014.
In Angola, Total is fully committed to developing the Angolan oil industry by recruiting and training a local workforce. Total is strengthening the local economy through its ambitious “Angolanization” program and technology transfer plan.