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(WO) — Offshore contractor SBM Offshore has secured a contract extension for the lease and operation of the FPSOs Mondo and Saxi Batuque on Block 15 offshore Angola, extending its involvement within the belongings by 2032.
The settlement was signed with Esso Exploration Angola (Block 15) Ltd., an affiliate of ExxonMobil and operator of the block. The extension consists of life-extension actions similar to tools alternative and refurbishment to keep up security, reliability and operational efficiency over the approaching decade. Work below the brand new scope is predicted to start in 2026.
SBM Offshore mentioned the contract displays its long-standing capabilities in managing advanced brownfield offshore initiatives and within the operation and upkeep of deepwater floating manufacturing programs. The FPSOs are key belongings supporting ongoing manufacturing from Block 15, one in all Angola’s core offshore developments.
“We’re more than happy with the contract extension of FPSOs Mondo and Saxi Batuque,” mentioned Øivind Tangen, CEO of SBM Offshore. “This permits us to keep up our construction and scale in Angola and, most significantly, present job safety to our groups. We stay dedicated to protected and dependable operations all through the extension interval.”
Block 15 is operated by Esso Exploration Angola (Block 15) Ltd., with companions together with Azule Angola, Equinor Angola Block 15 A.S. and Sonangol E&P. SBM Offshore has operated in Angola for greater than three many years and mentioned the extension reinforces its long-term function in supporting the nation’s offshore vitality sector.
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