DSME Scores Angola Job

South Korea's Daewoo Shipbuilding & Marine Engineering (DSME) and Angola-based PAENAL will be constructing five fixed offshore oil production and processing platforms for Chevron. Word of the $1.9 billion contract had been making the rounds, although the source of the contract had been kept quiet.

"These are oil production and processing platforms with no drilling capabilities," a DSME spokesperson told Rigzone. Among the five platforms, at least one of the platforms will be used in the Mafumeria Sul project.

The basic design phase for the project has already begun and DSME plans to start constructing the five platforms in 2013. Most of the construction work will be done at the Paenal yard in Angola.