JGC Holdings Corporation announced that a ceremony was held in Mozambique on 23 November to celebrate the 1st LNG cargo shipment from Coral South project, operated by Eni on behalf of Area 4 Partners. JGC Corporation (Representative Director and President Farhan Mujib), which operates the overseas engineering, procurement and construction (EPC) business of the JGC Group, implemented the Engineering, Procurement, Construction, Installation & Commissioning (EPCIC) for the Coral Sul FLNG, in a consortium with Technip Energies N.V., TechnipFMC plc and Samsung Heavy Industries Co., Ltd..

Approximately 300 people participated in the Coral Sul FLNG Inauguration Ceremony, including Filipe Nyusi, President of the Republic of Mozambique, Guido Brusco, COO Natural Resources of Eni, Estevão Pale, COO of ENH, Tadashi Ishizuka President & COO of JGC Holdings, Marco Villa COO of Technip Energies, and YG Kang EVP of Samsung Heavy Industries.

This landmark project was awarded in 2017 to the consortium by Coral FLNG SA, a special purpose entity established by Area 4 Partners in Mozambique. After overcoming challenges including the impact of the COVID-19 pandemic, the consortium successfully achieved Sail Away from the Korean shipyard to offshore Mozambique in November 2021, with full consideration given to HSE, maintaining schedule, and ensuring quality management. Following commissioning, the first shipment of LNG cargo was achieved on 13 November 2022.

This is the world's first large-scale FLNG (3.4 million tons per year) for ultra deepwater gas field with a water depth of over 2,000 meters. We are convinced the significant achievement will serve as a stepping stone for further expansion of our operations in the Republic of Mozambique.

In addition to Coral Sul FLNG, as a leading global contractor for LNG and Floating LNG projects, the JGC Group's experience includes two other new-built EPC FLNGs projects out of the total of three in operation around the world, and we are currently performing the front end engineering design (FEED) for the FLNG projects for Petronas in Malaysia and UTM in Nigeria.

It is our sincere wish to continue to contribute to the realization of planned FLNG plants and LNG plants, with LNG positioned as a key energy transition source. In doing so, JGC will continously leverage its accumumlated experience and achievements, founded on an abundance of high-level execution and technical capabilities.

About JGC

JGC is a global engineering, procurement, and construction firm committed to delivering a complete range of project services to our clients, while providing safe and cost-effective project execution. Since its founding in 1928, JGC has executed some 20,000 projects across the globe for the refining, LNG, petrochemical, power, pharmaceutical, and mining industries. From conception to commissioning, we partner with our clients to deliver successful engineering, procurement, and construction programs.

About Eni

Eni is an integrated energy company employing more than 34.000 people in 69 countries in the world. Eni engages in oil and natural gas exploration, field development and production, as well as in the supply, trading and shipping of natural gas, LNG, electricity and fuels. Through refineries and chemical plants, Eni processes crude oil and other oil-based feedstock to produce fuels, lubricants and chemical products that are supplied to wholesalers or through retail networks or distributors.