Page 15: of Marine News Magazine (November 2026)

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Agogo FPSO at Walvis Bay,

Namibia © Yinson Production engineering, procurement and technical services covering

Subsea EPCs Secure New Contracts Across Key offshore upstream facilities that will connect 18 subsea

Offshore Markets wells to the onshore LNG plant through subsea pipelines

Among the Tier 1 EPCs, the contract intake in Au- gust and September have been ? attish, yet showcasing and manifolds. The initial scope is valued at approximately

EUR 11 million and the full EPCI award remains subject intake across familiar regions. Turkish Petroleum award- ed Subsea7 an extension covering towing, mooring-line to FID and regulatory approvals.

Saipem also secured an EPCI contract from Azule En- installation and connection work for the Sakarya Phase 3 ? oating production unit in the Turkish Black Sea, with ergy for the West Hub Tails project offshore Angola. The commissioning activities scheduled for 2028. The award scope covers approximately 62 km of subsea ? owlines, ris- is classi? ed as sizeable, implying a contract value of USD ers and umbilicals tied back to the Agogo FPSO, located around 180 km offshore in water depths of up to 1,750 50 and 150 million.

In the US Gulf, LLOG Exploration awarded Subsea7 a metres. The contract is valued at approximately USD 350 contract for the fabrication, transportation and installation million and is expected to run for around 2.5 years.

Azule Energy awarded TechnipFMC a contract to de- of a 29 km steel catenary riser and pipe-in-pipe system, to- gether with umbilical and subsea-controls installation, in sign and manufacture ? exible ? owlines, risers and asso- ciated equipment to tie production from the West Hub approximately 1,300 m water depth. Offshore work is ex- pected to start in 2028 and the value is estimated between development back to the Agogo FPSO in Block 15/06, offshore Angola. The award is classi? ed as signi? cant, in-

USD 50 and 150 million.

Saipem, who have been engaged with the current dicating a contract value of between USD 75 million and work on the Sakarya Phase 2 project, have now received USD 250 million.

In Malaysia, Petronas awarded TechnipFMC an in- an award from GOE Petrol Sanayi for an approximately eight-month contract for commissioning services on the tegrated EPCI contract covering the full subsea scope of

Osman Gazi ? oating production unit, which will serve the the Limbayong deepwater green? eld development. The project will utilise TechnipFMC’s Subsea 2.0 con? gure-to- gas ? eld in the Turkish Black Sea. order platform, and the award is classi? ed as signi? cant,

In Africa, Saipem and Jan De Nul have formed a consor- tium and signed an LOI with ExxonMobil Mozambique implying a contract value of between USD 75 million and for the Rovuma LNG Phase 1. The LOI covers preliminary 250 million.