Three leading international contractors or consortia are battling it out to provide a prized floating production, storage and offloading vessel required for Eni’s 1 billion barrel deep-water Agogo project offshore Angola.

Multiple people familiar with the development told Upstream that up to three players are said to be separately carrying out front-end engineering and design studies on the FPSO project, with the price offers for the project’s execution phase likely to be submitted later this year.

Those chasing the FPSO lease contract are said to include Malaysian players Bumi Armada and Yinson as well as Italy’s Saipem, one person said.