ENI to lease Xikomba FPSO for Angola project

Offshore staff

MONACO -- SBM Offshore has a Letter of Intent (LOI) from ENI to re-deploy the FPSO Xikomba to the block 15/06 development offshore Angola.

The FPSO has been operating for ExxonMobil in Angola since 2003, but the current contract is drawing to a close.

SBM Offshore will perform a major upgrade to adapt the vessel to its new project-specific requirements. Part of the work will be performed in the PAENAL yard in Angola.

The LOI covers the early phase of the project, and allows SBM Offshore to start engineering and procurement. The full-scope, 12-year lease and operate contracts should be signed in the coming months.


Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...