Technip Wins BP Angola FPSO Deal

French oilfield services firm Technip has won a five-year contract with BP Angola for engineering and modification services on two FPSO (floating production, storage and offloading) vessels located in Blocks 18 and 31 offshore Angola.

Technip said the contract follows the successful completion of a previous five-year contract for engineering services on the Greater Plutonio FPSO. The new award covers not only the engineering for the two FPSOs, but also procurement and management of offshore and onshore construction activities.

Technip's operating center in Luanda, Angola, will carry out the contract, which is scheduled for completion at the end of 2017.

Technip's general manager for Angola, Benoit Verdier, commented in a statement:

"We are pleased to be awarded this new project by our long-term client, as it will open up many additional opportunities in the Angolan marketplace. Thanks to this contract from BP and its partners, with the approval of concessionaire Sonangol, Technip in Angola is entrusted to deliver quality services. We will help BP keep its operations safe, compliant with regulations in place and reliable, while progressively strengthening Angola's national content and business capabilities."



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