Contract awardOil and gas

Saipem wins about $350 million subsea contract for Azule Energy’s West Hub Tails offshore Angola

Around 62 km of flowlines, risers and umbilicals will be tied back to the Agogo FPSO in water depths of up to 1,750 m.

Generated illustration for this story, not a photograph of the project.

Saipem has been awarded an offshore contract in Angola worth approximately USD 350 million, the company announced on 14 September 2026. The client is Azule Energy Angola S.p.A., an incorporated joint venture owned by Eni and bp.

The contract relates to the West Hub Tails project, part of the Agogo Integrated West Hub Development, about 180 km offshore in water depths of up to 1,750 m. Saipem’s scope covers the engineering, fabrication, transportation and installation of subsea infrastructure, including about 62 km of flowlines, risers and umbilicals tied in to the Agogo floating production, storage and offloading unit.

The work is expected to last about two and a half years. Fabrication will take place at Saipem’s Ambriz yard in Angola, and the construction vessels FDS and Normand Maximus will carry out the offshore campaign.

Sources

  1. Saipem awarded new offshore contract in Angola worth approximately 350 million USDCompany releaseSaipemPublished 14 September 2026Read 23 October 2026

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