Eni kicks off installation works on Coral Sul FLNG hull

Italian oil and gas company Eni has started installation works on the hull of the Coral Sul floating liquefied natural gas (FLNG) treatment and liquefaction unit that will be moored offshore Mozambique. The unit is part of the Coral South project, which will put in production 450 billion cubic meters of gas from the giant …

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Mozambique approves Rovuma LNG development plan

The government of Mozambique has approved the development plan for the Rovuma LNG project led by Exxon and Eni. Two liquefied natural gas trains are planned with a combined annual capacity of over 15 million tons. The project is designed to produce, liquefy and market natural gas from three reservoirs of the Mamba complex located …

How the Mega Gas Projects Burned Holes in TPDC’s Finances

  Servicing of the $1.2Billion (2.409tri/-) debt procured for the construction of gas pipelines and power plants in the country is the major cause of the three consecutive year loss by Tanzania Petroleum Development Corporation (TPDC). Kapuulya Musomba, acting Managing Director of TPDC, says “the mega investment” made by the government to increase natural gas …

Tanzania: State Energy Companies Get Better At Paying For Natural Gas

  By Njoroge Karoo, in Nairobi Private producers of natural gas for Tanzania’s domestic market are applauding the state energy firms for timeous payment of their receivables. Canada headquartered Wentworth Resources, a member of the consortium producing Mnazi Bay Concession, reports that “Monthly payments in January and February 2019 for gas sales generated from the …

Job Explosion’ Expected at Train 7, ‘Banked on Nigerian Content Plan’

The construction stage of the Train 7 of the Nigerian Liquefied Natural Gas is anticipated to provide over 10,000 jobs  and “stimulate capacity building of local industries along the LNG value chain”, according to Tony Attah, CEO NLNG Ltd. Simbi Wabote, Executive Secretary National Content Development Monitoring Board (NCDMB), said “the expected job explosion from …

Vitol, Repsol in Arctic LNG 2 supply agreements with Novatek

Russian gas company Novatek has signed agreements with Repsol and Vitol for the supply of LNG from its giant Arctic LNG 2 project being developed on the Gydan Peninsula, Russia. Arctic LNG 2 Illustration: Image source: NovatekThe non-binding heads of agreement signed with Spain’s Repsol envisions conclusion a 15-year contract with an annual supply of …

Deals signed for E. Guinea ‘Gas Mega Hub’

Noble Energy, as operator of Alen gas project offshore Equatorial Guinea, has signed definitive agreements with Marathon Oil and Equatorial Guinea government to develop the field’s gas resources via Alba Plant LLC’s LPG processing plant and EG LNG’s LNG production facility, both located in Punta Europa island. Marathon Oil is the majority shareholder in both …

Golar wins Tortue Ahmeyim FLNG deal with BP. Keppel to build the unit

Oil and gas major BP has awarded Golar LNG a contract for an FLNG unit to be deployed at the Greater Tortue Ahmeyim project offshore Senegal and Mauritania. Tortue Ahmeyim FLNG illustration. Image source: BPGolar LNG had previously been given Limited Notice to Proceed with Tortue FLNG ahead of the Final Investment Decision which was made on December 21, …

Kosmos looking to sell some interest in Tortue Ahmeyim project

Oil and gas company Kosmos Energy is planning to sell a portion of its interest in the large Tortue Ahmeyim gas field in West Africa where a final investment decision was recently made. Tortue Ahmeyim FLNG render / Image source: BPKosmos, which discovered the Greater Tortue Ahmeyim field in 2015, is now a partner in the …

Three “Gas Monetisation” Companies Still Enjoy Nigeria’s Pioneer Incentive Status

  There is no single E&P company on the list of the current beneficiaries of the Pioneer Status Incentive of the Nigerian Investment Promotion Commission (NIPC). But the oil and gas industry is not entirely excluded. Three companies, which either use natural gas as feedstock or convert and distribute products of natural gas, are listed …