Eni engages Coral-Sul FLNG for Mozambique’s Rovuma basin development
Eni as Delegated Operator and on behalf of its Area 4 Partners (ExxonMobil, CNPC, GALP, KOGAS and ENH) held today the naming and sail away ceremony of the Coral-Sul FLNG, the first floating LNG facility ever to be deployed in the deep waters of the African continent. The event took place at Samsung Heavy Industries shipyard in Geoje, South Korea, in the presence of H.E. Filipe Jacinto Nyusi, President of the Republic of Mozambique, and H.E. Moon Jae-in, President of the Republic of Korea.
The FLNG, which is part of the Coral South Project, will be now towed and moored at its operating site in the Rovuma basin offshore Mozambique. Production startup is expected in the second half of 2022, and it will contribute to increase gas availability in a tight market.
Coral South Project achieved Final Investment Decision in 2017, only 36 months after the last appraisal well. FLNG fabrication and construction activities started in 2018 and were completed on cost and on time, despite the pandemic. While performing the construction activities in Korea, several significant activities were undertaken in Mozambique, with full support from the Mozambican Authorities, including the ultra-deep water (2000m wd) drilling and completion campaign that involved the highest technological and operational skills and equipment.
The Coral South Project will generate significant Government take for the Country while creating more than 800 new jobs during the operation period.
Information Source: Read More
Oil and gas, press , | Energy, Climate, Renewable, Wind, Biomass, Sustainability, Oil Price, LPG, Solar
