Esso awards Angola tieback contract to Subsea 7

Sept. 18, 2006
Esso Angola Ltd. has awarded a $200-million contract to Subsea 7 Inc. for work on the Kizomba C Saxi-Batuque project offshore Angola in block 15.

Offshore staff

GEORGETOWN, Cayman Islands -- Esso Angola Ltd. has awarded a $200-million contract to Subsea 7 Inc. for work on the Kizomba C Saxi-Batuque project offshore Angola in block 15.

Saxi-Batuque will be developed using an FPSO tieback to two drilling centers for Batuque and two for Saxi. Subsea 7 will do design, pipe fabrication, and installation of 16 flowlines and flowline terminations.

Installation is scheduled for 4Q07 in water depths of 650 m to 810 m and will involve a total of 50 km of flowlines ranging from 6 in. to 10 in. diameters.

9/18/06