Paenal Yard

Who we are In 2007 the Sonangol and the SBM Offshore Group committed to develop a new fabrication yard in Porto Amboim, Kwanza Sul Region in order to expand “Angolan Content” and enhance the capacity of the Angolan fabrication industry. PAENAL Lda (Porto Amboim Estaleiros Navais Lda) was formed initially as a Joint Venture between Sonangol and SBM. At the end of 2010 the JV was joined by DSME from South Korea. Today the composition of PAENAL Lda is : SONANGOL (40%) SBM (30%) DSME (30%) The first phase of PAENAL Yard was completed in 2008 and the full phase of yard development was completed in Q3-2013, with the commissioning of the 2,500-ton capacity Heavy Lift Crane (HLC) in August 2013.