Newsletter 
  INSCRIPTION Inscription | ESPACE ANNONCEURS Publicité | CONTACT Contact |PLAN DU SITE Plan


Europétrole, le portail de l'industrie du pétrole
 
 accueil | actualité française | actualité internationale | recherche | interviews | focus | actualité par entreprise | actualité pétrole/gaz de schiste 
Partager :

  • Galp approves investment plan for Coral South in Mozambique
    édité le 19/12/2016 - Plus de news de "GALP" - Voir la fiche entreprise de "GALP"


Galp approves investment plan for Coral South in Mozambique
Galp informs that its Board of Directors has approved the investment related to the Coral South area, the first development related to the discoveries made in the Area 4 of Mozambique’s Rovuma basin.

Galp’s approval of the investment is another milestone towards the Final Investment Decision on the project, which, besides requiring conclusion and signature of all relevant documentation, is subject to the approval of the project by the remaining partners in the consortium, closing of the financing of the project and approval by the Mozambican government of the financing conditions related to the Empresa Nacional de Hidrocarbonetos (ENH) carry.

The Coral South project involves the construction of a Floating Liquefied Natural Gas (FLNG) unit with a liquefaction capacity of over 3.3 mton of liquefied natural gas (LNG) per year, which will be connected to six subsea wells. The FLNG will be located in the southern part of the Coral discovery, which is exclusively located within Area 4 and contains around 16 Tcf of gas in place. The total gas discovered in Area 4 is estimated at c.85 Tcf, including the large Mamba discovery.

Last October, the consortium signed an agreement with BP for the entire offtake of LNG produced through the Coral South FLNG, for a period of 20 years.

Due to the size and quality of the resource base, its key location and potential economies of scale, it is expected that the Rovuma basin will play a key role in the natural gas industry, as well as transform the economic landscape of Mozambique.

Galp holds a 10% stake in Area 4. Eni is the operator with a 50% indirect interest through Eni East Africa, which holds a 70% stake in Area 4. Kogas and ENH each hold a 10% interest, while China National Petroleum Corporation (CNPC) has an indirect stake of 20% through Eni East Africa.

About Galp

Galp is an integrated energy company – finding and extracting oil and natural gas from sites across four continents to deliver energy to millions of customers every day.
We are Portugal’s oil and natural gas integrated operator. Our activities span from exploration and production of oil and natural gas to refining and marketing oil products, natural gas marketing and sales and power generation.


Origine : Communiqué GALP

Voir la fiche entreprise de "GALP"





Les dernières news de "GALP"

 
 
 
Emploi-Pétrole
 
Rechercher une news



française internationale








 
Les dernières news internationales


>> Toute l'actualité internationale     >> RSS
 
Recherche de news par tags

abu-dhabi acquisition adnoc aker-bp aker-solutions algeria algerie algerie alstom anadarko angola apache australia axens baker-hughes bechtel bg-group bp brazil canada carburant cbi cgg cheniere chevron china cnooc cnpc co2 commission-europeenne compressor conocophillips consommation cpdp deepwater discovery drilling e-on edf egypt engie engineering eni equinor equinor exxonmobil feed flng fluor fluxys foster-wheeler fpso france fsru fugro gabon gas gaz gazprom gazprom-neft gdf-suez ge germany gnl gtt gulf-of-mexico guyana hess hydrogen india indonesia inpex iraq italy kbr keppel licence lng lukoil lundin maersk-drilling malaysia mcdermott methanier mexico mozambique natural-gas neptune-energy nigeria nigeria north-sea norway novatek offshore oman omv opec pemex petrobras petrofac petronas pgnig pipeline platform poland production qatar qatar-petroleum qatargas raffinerie refinery repsol rig riser rosneft russia rwe saipem santos saudi-arabia saudi-aramco schlumberger seismic selling senegal shale-gas shell socar sonatrach statoil subsea subsea-7 survey technip technipfmc texas total totalenergies tullow turbine uae ufip uk us vopak well wintershall wintershall-dea wood-group woodside



Europétrole © 2003 - 2023