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  • Eni and Anadarko set the unitization of Area 4 and 1 in the Rovuma Basin offshore Mozambique
    édité le 04/12/2015 - Plus de news de "ENI" - Voir la fiche entreprise de "ENI"


Eni and Anadarko set the unitization of Area 4 and 1 in the Rovuma Basin offshore Mozambique
Eni and Anadarko announce that, following the signing of the Unitization and Unit Operating Agreement (UUOA) and in full agreement with all the concessionaries of the projects, a unitization was set out for the development of natural gas reservoirs straddling Areas 4 and 1 in the Rovuma Basin, offshore Mozambique. Area 4 is operated by Eni East Africa while Area 1 is operated by Anadarko Mozambique Area 1 Ltd.

The agreement concerns the natural gas straddling reservoirs Mamba and Prosperidade, placed in Area 4 and 1 respectively and which intercommunicate across the blocks’ boundary. In accordance with the UUOA, the development of the straddling reservoirs will be carried out initially in a separated but coordinated way by the two Areas until 24 Tcf of natural gas reserves (12 Tcf of natural gas from each Area) will be reached. Future developments will be jointly pursued by Area 4 and Area 1 concessionaires through a joint operator, as the result of an equal joint venture between Eni East Africa and Anadarko Mozambique Area 1.

The UUOA, developed in close collaboration with the 11 concessionaires, represents a fair agreement for all parties involved in the two areas. The agreement is subject to final approval by the Government of Mozambique.

Eni is the operator of Area 4 with a 50% indirect interest owned through Eni East Africa (EEA), which holds 70% stake of Area 4. The other Concessionaires are Galp Energia, KOGAS and Empresa Nacional de Hidrocarbonetos (ENH) with a 10% stake each. CNPC owns a 20% indirect interest in Area 4 through Eni East Africa.

Anadarko is the operator in Area 1 with a 26.5% stake through Anadarko Mozambique Area 1 (AMA1). The other Concessionaires are ENH (15%), Mitsui E&P Mozambique Area 1 (20%), Beas Rovuma Energy Mozambique (10%), BPRL Ventures Mozambique (10%), ONGC Videsh (10%) and PTTEP Mozambique Area 1 (8.5%).

About Anadarko

Anadarko Petroleum Corporation's (NYSE: APC) mission is to deliver a competitive and sustainable rate of return to shareholders by exploring for, acquiring and developing oil and natural gas resources vital to the world's health and welfare. As of year-end 2014, the company had approximately 2.86 billion barrels-equivalent of proved reserves, making it one of the world's largest independent exploration and production companies.

About ENI

Eni is an integrated company that operates across the entire energy chain, employing some 78,000 people in 90 countries around the world. Scientific research and technological innovation are at the heart of its strategies for sustainable development.
Eni’s excellent portfolio of conventional oil assets with competitive costs and the strong resource base with options for anticipated monetization ensure a robust value generation at Eni’s upstream activity. The vertical integration provided by the large presence in the gas and lng markets, and the know-how in refining and chemical sectors enable the company to capture synergies and catch joint opportunities and projects in the marketplace.


Origine : Communiqué ENI

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