TechnipFMC Secures $75 Million to $250 Million Pipeline Contract for Angola's Greater PAJ Project
2026-06-23 10:18
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en.Wedoany.com Reported - TechnipFMC has been awarded a contract by Azule Energy to supply flexible flowlines and risers for the Greater PAJ development project offshore Angola.

Under the scope of the contract, the company will design and manufacture flexible flowlines and risers to connect wells at water depths approaching 2,000 meters to a new floating production unit.

TechnipFMC described the contract as "significant," with a value range defined between $75 million and $250 million; it will be booked in the second quarter of 2026 order backlog.

Greater PAJ is Angola's first cross-block integrated development project, operated by Azule Energy (a joint venture between bp and Eni), with partners including Norway's Equinor, Angola's national oil company ANPG, and state-owned Sonangol. The project involves a total investment of approximately $5.1 billion and will deploy a new floating production, storage, and offloading (FPSO) vessel in the deepwater area of the Lower Congo Basin, connecting existing production facilities in Block 31 with discoveries in Block 31/21. It is expected to have recoverable oil reserves of approximately 252 million barrels, with first oil targeted for the first half of 2029.

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