Cabinda Gulf Oil Company News

Brazil continues to drive global floating production storage and offloading vessels (FPSOs) deployment with 21 planned and announced FPSOs during the period 2019 to 2025, according to GlobalData.Brazil is expected to deploy a total of 11 planned and ten announced FPSOs by 2025. The crude oil production capacity of these upcoming FPSOs is expected to be 2.5 million barrels per day (mmbd) during the outlook period. In Brazil, FPSOs are being deployed to develop hydrocarbons in the Santos and Campos basins.Brazilian state-controlled oil, natural gas and energy giant Petroleo Brasileiro (Petrobras) is expected to deploy six planned and nine announced FPSOs by 2025.

Cabinda Gulf Oil Company Limited, a Chevron subsidiary in Angola, has extended the current contract for the ultra deepwater semi-submersible Mærsk Deliverer expiring in June 2015 by two years. Mærsk Deliverer has since 2012 been working for Chevron and its partners on the Tombua Landana field offshore Angola. With the contract extension the rig will be on contract until June 2017. The estimated revenue potential from the two-year contract extension is USD 387m plus compensation for cost escalations over the contract period. “We are very pleased to be able to extend our relationship with Chevron on this project, and look forward to a continued successful drilling operation.

Seadrill Limited informs it has secured new contracts for the jack-up units 'West Tucana', 'West Telesto', 'West Ariel', and 'West Prospero'. Additionally, the contract for the 'West Mischief' has been extended by four months. The total revenue potential for the four new contracts and one extension is approximately US$319- million. West Tucana, a Friede & Goldman JU-2000E jack-up rig, has secured a contract offshore Angola with Cabinda Gulf Oil Company Limited (CABGOC) - Chevron's wholly owned operating unit in Angola. The contract is for a firm period of 24 months.

Netherlands-based Fugro has been contracted by Chevron subsidiary Cabinda Gulf Oil Company Ltd, to support its development program at Block 0, off the coast of Cabinda province, Angola. The contract includes the provision of offshore positioning services and accurate navigation systems for Chevron’s drilling units, vessels and structures, together with both onshore and offshore survey services. Fugro’s offshore geophysical data acquisition services will be supplemented by data processing, interpretation and reporting. At Chevron’s onshore facilities in Malongo, Fugro’s survey services will include subsidence evaluations, topographical surveys, chart production, interpretation and reporting. www.fugro.com

Maersk Drilling takes the first challenging step into deepwater drilling in West Africa, 'Maersk Deliverer' voted 'Rig of the Month'. Maersk Drilling has entered Angola for the first time and after only one full month in operation for Cabinda Gulf Oil Company Limited, local setup of Chevron Angola, the Mærsk Deliverer has been awarded 'Super Rig of the Month' amongst the six rigs the oil company is operating in Angola. West Africa, such as Angola, is believed to have one of the largest ultra deepwater oil reserves in the world…

Keppel FELS Limited (Keppel FELS) is on track to deliver West Vencedor, the sixth of seven KFELS semisubmersible drilling tenders (SSDT) to Seadrill Limited before the end of 2009. The completion of this project on time and within budget, will top out a record year of 13 rig deliveries for Keppel FELS. West Vencedor is built to Keppel’s KFELS SSDT 3600E design which was conferred the ASEAN outstanding engineering achievement award in December 2009 for its eco-friendly features and sustainable operations.

Crowley Maritime Corporation's energy and marine services has safely completed the tug-and-barge transportation and discharge and delivery of oversized cargo across a remote beach in Cabinda Province Angola, West Africa to the Cabinda Gas Plant. In partnership with Chicago Bridge and Iron (CB&I) and Cabinda Gulf Oil Company (CABGOC), a wholly owned Chevron subsidiary, Crowley was contracted for the loading, marine transportation, discharging and delivery of oversize modules and support accessories to the Cabinda Gas Plant, which is about three miles from the beach landing point. The fleet required for the sealift included large (400 x100-ft.) barges, powerful ocean going tugs, small lighter tugs to assist in the beaching operation and a myriad of support equipment.

Stolt Offshore S.A. ChevronTexaco's affiliate in Angola. platforms. award is a welcome addition to our business in Angola. EPIC project.