Paenal is a joint venture between Sonangol (40%), SBM Offshore (30%) and DSME (30%). The company was formed as an initiative to develop Angolan fabrication capacity and boost local content. The full development of the Paenal yard was completed in 2013 with the commissioning of a 2,500-tonne heavy-lift crane, the second-largest crane in Africa. With its participation in TotalEnergies’ CLOV 1 project, Paenal achieved a series of unique accomplishments such as having the first FPSO to berth at a quay in Angola and completing the first module fabrication and integration in an Angolan yard. The yard is located 3 kilometres south of Porto Amboim and provides 2 million man-hours of fabrication works annually at full capacity.more