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Aquaterra Energy signs three-year Angola platform contract with supermajor

in Exploration Development, News, Upstream
Aquaterra Energy signs three-year Angola platform contract with supermajor
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Aquaterra Energy has secured a multi-million-dollar master engineering and design service agreement with a supermajor to deliver multiple Sea Swift platforms over a three-year period. The platforms will be destined for off the coast of the Cabinda Province, offshore Angola.

Won through a competitive tender process, Aquaterra Energy stood out due to its breadth of platform delivery experience in West Africa, previous experience with the same client, and dedication to providing local content. Work has already begun on the first platform, which will be engineered for a 20-year production life in approximately 75m of water. Aquaterra Energy’s Sea Swift solution was chosen for its flexible design, which supports minimized installation times, and for its ability to be fabricated in-country.

To support decarbonization initiatives, the initial platform will be equipped with solar panels, which will allow the supermajor to power the platform purely from renewable energy. Aquaterra Energy will manage the entire project scope via its in-house engineering and design teams and will work alongside in-country partner to ensure that an increasing level of local engineering is provided to the projects and to enable Aquaterra Energy to develop the resident skills base engineers.

“We’re extremely proud to have won this contract. Throughout the pandemic, we have proven ourselves as a reliable partner that can deliver results and provide economic value in adverse conditions.”, comments Stewart Maxwell, Technical Director at Aquaterra Energy.

Stewart continues, “It’s exciting to be able to deliver a platform of this scale that will be entirely self-sufficient and powered by renewable sources. We’ll also be looking to optimise the design to use less steel and maximise in-country logistics, as we do all we can to embrace our transitioning energy sector and reduce carbon emission impacts. West Africa is an important region to us and we want to continue increasing our work here, as well as sharing our skills and knowledge with local engineers and partners.”

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