Reassess mobilisation and long-lead exposure for EPC signals

The final award of the engineering, procurement and construction (EPC) contract to the SMDC joint venture is subject to positive FID by the Area 4 deepwater block partners and receipt of the necessary government and regulatory approvals, which is expected within 2026

The final award of the engineering, procurement and construction (EPC) contract to the SMDC joint venture is subject to positive FID by the Area 4 deepwater block partners and receipt of the necessary government and regulatory approvals, which is expected within 2026. This follows the front-end engineering design (FEED) contract previously handed out to the SMDC partnership in August 2024

This follows the front-end engineering design (FEED) contract previously handed out to the SMDC partnership in August 2024. The Rovuma LNG project involves the development of an onshore natural gas liquefaction plant on the Afungi Peninsula, encompassing two LNG trains with 12 modular liquefaction modules and an expected overall production capacity of approximately 18

Subsea equipment delivery for GranMorgu; Source: TechnipFMC TechnipFMC, which secured an integrated engineering, procurement, construction, and installation (iEPCI) contract worth over $1 billion in 2024 for the GranMorgu development on Block 58 offshore Suriname, has confirmed that this project continues to make strong progress. The company has reported the delivery of “critical” subsea equipment that is supporting the next phase of execution

Home Fossil Energy TechnipFMC highlights ‘critical’ subsea equipment delivery for $12

The company has reported the delivery of “critical” subsea equipment that is supporting the next phase of execution. According to the firm, the departure of the first drilling equipment and the installation of key floating production, storage, and offloading (FPSO) connection components demonstrate the impact of early collaboration, standardized engineering, and disciplined execution

The well, which was drilled at a distance of 1

These appraisal activities come months after Azule Energy started production from a project, described as the first non-associated gas development offshore Angola

Home Fossil Energy Appraisal ops strengthen Angola’s non-associated gas potential August 7, 2026, by An appraisal well in the Benguela Basin’s Block 24 has confirmed high-quality reservoirs and delivered Angola’s first full drill stem test (DST) on a non-associated gas reservoir. Block 24; Source: ANPG Sonangol Exploração & Produção and Angola’s National Agency for Petroleum, Gas and Biofuels (ANPG) have drilled and tested the Katambi-2 appraisal well in Block 24 of the Benguela Basin, confirming a high-quality

Noble Interceptor rig; Source: Noble Corporation Noble has been awarded a contract by ConocoPhillips Skandinavia for the Noble Interceptor ultra-harsh environment jack-up rig offshore Norway

The 2014-built Noble Interceptor jack-up rig is of Gusto MSC CJ70 X150 MD design. With a maximum drilling depth of 40,000 feet, the jack-up is capable of operating in water depths of 492 feet

Noble Interceptor rig; Source: Noble Corporation Noble has been awarded a contract by ConocoPhillips Skandinavia for the Noble Interceptor ultra-harsh environment jack-up rig offshore Norway. This deal, which is expected to start in the third quarter of 2027, has an estimated duration of 670 days

Rob Shaul, McDermott’s Senior Vice President of Low Carbon Solutions, emphasized: “This award reflects the strength of our long-standing relationship with ExxonMobil and our ability to deliver complex LNG developments. Having successfully executed front-end engineering design (FEED) for Rovuma LNG, we are well positioned to advance the project into its next phase

While emphasizing that the SMDC joint venture brings extensive global experience in the engineering, procurement, and construction of LNG facilities, McDermott explains the work with ExxonMobil supports continued project definition and planning as the Area 4 partners progress toward a final investment decision (FID), expected in 2026. The current cost estimate for the Rovuma LNG project is around $30 billion, although the exact final cost has not been fixed because the project has not yet reached FID

The Rovuma LNG project onshore development is expected to include 12 modular liquefaction modules designed to produce 18