CB&I Awarded Major Operations and Maintenance Contract in Côte d'Ivoire

CB&I, part of the Asset Solutions sector that was previously part of Petrofac, has successfully been awarded an impressive three-year contract in Côte d'Ivoire. This agreement focuses on providing operations and maintenance services for a Floating Production, Storage and Offloading (FPSO) vessel situated offshore. This contract signifies CB&I's dedication to enhancing its operational presence within Africa.

Transition and Responsibilities

As part of the contract, CB&I will handle crucial responsibilities including the safe operation, maintenance, integrity management, and regulatory compliance of the FPSO. Following a well-planned transition from the current service provider, CB&I is set to facilitate the safe restart and stabilization of operations, ensuring asset integrity for the entirety of its lifecycle while also maintaining the necessary class certifications.

Commitment to Local Development

One of the key highlights of CB&I’s operations in Côte d'Ivoire is its commitment to fostering local capabilities. The company has successfully established a strong supply chain within the country and invested in developing local workforce capabilities and content growth. Sandy Merson, Senior Vice President of Asset Operations, emphasized the importance of these initiatives, stating that over the past few years, CB&I has been focusing on enhancing its footprint across Africa. Having built up a substantial presence over the last two decades, the company aims to continue bolstering the local supply chain and local workforce.

Focus on Safety and Efficiency

CB&I’s goal remains to provide safe and efficient production operations, which in turn, extends the longevity of the assets they manage. This engagement not only highlights CB&I's technical expertise in managing FPSO vessels but also reflects its dedication to sustainable operations, particularly within the African context.

Conclusion

This contract, characterized as "large" by CB&I standards—representing a financial range between $50 million and $100 million—marks a pivotal moment in the company's strategic growth across Africa. As CB&I underscores its commitment to safety and operational integrity, this partnership is expected to yield substantial contributions to the industry, while promoting local employment and development.

CB&I continues to evolve, providing integrated storage and asset management solutions designed to help clients operate safely and efficiently throughout the lifecycle of their facilities. With an impressive portfolio, including services in operations, management, and decommissioning, they remain at the forefront of the energy sector in ensuring optimal performance and maximization of value for their clients. For more details about CB&I and their offerings, you can visit their website at www.cbi.com.