McDermott-ETPM has identified around 25 potential platform projects likely to come on stream in the next five years that will provide employment for the new facility, to be located 400 kilometres south of the capital, Luanda. The fabrication yard will be operated by Sonamet, a new company formed by Sonangol, McDermott-ETPM and Wapo International, while the logistics base will be run by Sobilog, a venture between Sonangol, McDermott-ETPM and Intels.
McDermott angles for Angola jobs
ANGOLAN state oil company Sonangol and McDermott-ETPM have struck a deal to build a combined fabrication yard and logistics base at Lobito.
26 July 1997 0:00 GMT
Updated
26 July 1997 0:00 GMT