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Wednesday, Jun 17, 2026

A Flour Corp. joint venture will help build an offshore oil rig in Angola

Aliso Viejo-based Fluor Corp. and London-based AMEC PLC last week received a contract from South Korea’s Hyundai Heavy Industries to design and manage a major portion of what will become the world’s largest deep-sea crude oil production facility.

Hyundai Heavy Industries is the lead contractor on the facility for Esso Exploration Angola Ltd., a subsidiary of Irving, Tex.-based ExxonMobil Corp. The Fluor Daniel/AMEC joint venture will provide engineering and procurement for the floating production, storage and offloading facility off the coast of Angola. The facility will have a processing target of 250,000 barrels per day and a storage capacity of more than 2.2 million barrels.

With production expected to commence in 2004, the $3 billion Kizomba A Development project will tap an estimated 1 billion barrels of recoverable oil, working in water depths of 3,300 feet to 4,200 feet.

The joint venture’s design work and overall program management will be done at Fluor’s Houston, Texas, facility.

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