US contractor McDermott International has scooped a breakthrough subsea contract worth between $250 million and $500 million for work on TotalEnergies’ Begionia project offshore Angola.
The award is significant because it is the first to be secured by the US player in Angola, a market traditionally dominated by TechnipFMC, Subsea 7 and Saipem.
Located in 400 to 750 metres of water in Block 17/06, Begonia is being developed as a subsea tieback to the French supermajor’s Pazflor floating production, storage and offloading vessel.
