.png)
_1753062299_WNo_1332d726.webp)
Luanda, July 14, 2025 – Angola’s National Agency of Petroleum, Gas, and Biofuels (ANPG) and a consortium led by ExxonMobil have signed a binding addendum to the Block 15 Production Sharing Contract (PSC), officially extending operations until 2037.
Licence Extension: Offshore operations for Kizomba A, Kizomba B, Mondo, and Saxi‐Batuque FPSOs are now approved through 2032–2037.
Additional Investment: The consortium has committed an extra US$3 billion, unlocking an estimated 200 million barrels in previously undeveloped reserves.
Legacy and Production Insights: Active since 2003, Block 15 has produced over 2.6 billion barrels, supported by US$47 billion+ in investments, including US$12 billion from ExxonMobil
ANPG’s Executive Director Alcides Andrade described the agreement as a key step in revitalizing mature fields and optimizing Angola’s hydrocarbon resource base. ExxonMobil’s site leader, Katrina Fisher, noted the deal will also advance green hydrogen and bio refinery initiatives attached to Block 15 infrastructure
Block 15, located about 145 km offshore, is one of Angola’s oldest and most productive deep water assets. Operating since 2003, its success reflects strategic national efforts to attract foreign investment and maximize output from aging fields. Recently, Angola has updated fiscal and contractual frameworks to sustain exploration and production efficiency in mature offshore areas
Offshore platforms and FPSOs like those in Block 15 rely heavily on clad plates—metallic composite plates featuring a robust base alloy (e.g., carbon steel) bonded to corrosion-resistant layers (e.g., stainless steel, nickel alloy).
Key Advantages:
Corrosion resistance in harsh marine environments (salt, chemicals, high pressure)
Structural integrity supporting high loads and extreme conditions
Cost efficiency by combining a durable shell with strong base steel
Manufacturing Techniques Include:
Explosive welding: creates metallic bonds without heat damage to interfaces—ideal for high-stress marine use
Hot rolling / pressure bonding: ensures uniform thickness in large-scale plates
Typical Applications in Offshore Structures
FPSO hulls, topside equipment
Pressure vessels and piping
Heat exchanger and storage tank cladding
Experts note clad plates comply with standards like ASTM B898 and ASME SA264, offering performance comparable to solid alloy components, yet at lower cost.
Nanjing Fugo New Material Tech Co., Ltd. (Fugo Tech) is an ISO 9001 and PED 2014/68/EU certified manufacturer specializing in Clad Material (Explosive Clad Plates & Rolled Clad Plate, Clad Bar) and Titanium, Nickel Alloy, and Stainless Steel products (Pipe/Fitting/Flange/Fastener) which are widely used in the Heat Exchanger, Pressure Vessel, Reactor, Column, Tower, and other process equipment.
Fugo Tech offers different material combinations of Clad Plate (Explosion-welded clad plate/composite plate & Rolled-welded clad plate/composite plate) , and also offers a wide range of materials, including Titanium, Nickel Alloy, Copper, Cu-Ni, and Stainless Steel, along with custom processing services (Tube Sheet drilling, Dish Head forming) for Oil & Gas, Petrochemical, Chemical, Energy, Paper & Pulp, Marine, Shipbuilding, Environment, Metallurgy, and New Energy Vehicles, with a strong focus on high-performance Clad Plate & Titanium & Nickel Alloy & Stainless Steel solutions.
For any new requirement, please contact: sales@fugo-tech.com
Fugo Tech is focused on the manufacturing of clad metal plate and distributes the Stainless Steel, Titanium, Nickel Alloy, Zirconium and other non-ferrous metal pipes, fittings, flanges, and fasteners.
