News listings
Equatorial Guinea Licence Round

energy-pedia development and production

Mozambique flagMozambique

Middle East / Africa >>> Mozambique

Mozambique: Anadarko announces Mozambique LNG Final Investment Decision


18 Jun 2019

Photo - see caption

Anadarko Petroleum and the co-venturers in Mozambique's Offshore Area 1, have announced a Final Investment Decision (FID) on the Anadarko-led Area 1 Mozambique LNG project. This official declaration of FID confirms the Area 1 Plan of Development is now effective with notice provided to the Government of Mozambique that all conditions precedent have been fulfilled, and the project can now advance to the construction phase.

Photo - see caption

The official declaration of FID was made at a sanctioning event in Maputo, Mozambique, attended by His Excellency the President of the Republic of Mozambique Filipe Nyusi, the Minister of Mineral Resources Ernesto Max Tonela, and Anadarko's Chairman and CEO Al Walker, along with representatives from the Area 1 co-venturers and distinguished guests.

'This is a historic day for the people of Mozambique,' said His Excellency President Filipe Nyusi. 'Today's sanctioning of the Anadarko-led Area 1 Mozambique LNG project solidifies a path toward the creation of thousands of jobs for our people, significant economic growth for our nation, and the potential to be one of the world's largest providers of cleaner energy for decades to come. It is truly one of the most important and transformational projects in our country's history.'

'This is an exciting day for Mozambique and for our partnership, bringing us a step closer to making Mozambique's first onshore LNG facility a reality,' said Anadarko Chairman and CEO, Al Walker. 'The Anadarko-led Area 1 Mozambique LNG project has come a long way from our first discovery to FID for the construction of the initial two-train development project. I want to say a collective 'thank you' to the world-class LNG team we have assembled at Anadarko, our co-venturers, long-term foundation customers, lenders, the people of the Cabo Delgado region, and the Government of Mozambique. As the world increasingly seeks cleaner forms of energy, the Anadarko-led Area 1 Mozambique LNG project is ideally located to meet growing demand, particularly in expanding Asian and European markets. We look forward to safely executing the next phase of this project for the long-term benefit of Mozambique, its people, our partnership, and our customers.' 

The Anadarko-led Area 1 Mozambique LNG project will be Mozambique's first onshore LNG development, initially consisting of two LNG trains with total nameplate capacity of 12.88 million tonnes per annum (MTPA) to support the development of the Golfinho/Atum fields located entirely within Offshore Area 1. The project has successfully secured in aggregate 11.1 MTPA of long-term LNG sales (representing 86% of the plant's nameplate capacity) with key LNG buyers in Asia and in Europe. Additionally, the project is expected to have a significant domestic gas component for in-country consumption to help fuel future economic development. 

As previously announced, the Anadarko-led Area 1 Mozambique LNG project has been designated as 'First Mover' by the Government of Mozambique, meaning Area 1 will also be responsible for constructing the support facilities to be shared between Area 1 and Area 4 projects, which will include the Materials Offloading Facility and the LNG Marine Terminal. In addition, Area 1 has approximately 5,000 workers on-site today progressing works associated with the construction of a resettlement village, camp expansion, airstrip, and Palma-Afungi Highway.

Following today's ceremony, the project expects to soon issue Notices to Proceed under the terms of the previously executed engineering, construction, procurement and installation contracts and finalize financing.

CONTRACTOR SELECTIONS

Company Provided Items (CPI) for the Subsea Gathering System:

  • TechnipFMC – through its subsidiary FMC Technologies, Inc. - Subsea Trees, Completion Workover Riser & Installation Workover Control System, Subsea Controls System, Subsea Connectors and Production Manifolds
  • TechnipFMC – through its subsidiary Technip Mozambique, Lda. - Aftermarket services in Mozambique
  • Oceaneering International, Inc. – Subsea Umbilicals and Distribution Hardware
  • Oceaneering International GMBH – Aftermarket services in Mozambique
  • Advanced Technology Valve S.p.A. – Pipeline Subsea Ball and Subsea Gate Valves
  • Cameron Italy, S.R.L. – Subsea Chemical Injection Metering Valves

Engineering, Procurement, Construction and Installation (EPCI) for the Offshore Subsea System:

  • TechnipFMC and VanOord – for the engineering, procurement, construction and installation (EPCI) of the offshore subsea system

Engineering, Procurement and Construction (EPC) for the LNG Facility and Support Facilities:

  • A consortium consisting of McDermott, Chiyoda and Saipem (CCS JV) – the Engineering, Procurement and Construction (EPC) contracts for the Mozambique LNG liquefaction facility and support facilities.

Anadarko Moçambique Área 1, Lda, a wholly owned subsidiary of Anadarko Petroleum Corporation, operates Offshore Area 1 with a 26.5 percent working interest. Co-venturers include ENH Rovuma Área Um, S.A. (15 percent), Mitsui E&P Mozambique Area1 Ltd. (20 percent), ONGC Videsh Ltd. (10 percent), Beas Rovuma Energy Mozambique Limited (10 percent), BPRL Ventures Mozambique B.V. (10 percent), and PTTEP Mozambique Area 1 Limited (8.5 percent).

Original article link

Source: Anadarko





Bookmark and Share


A global information service for upstream oil and gas opportunities - divestitures, farmins and farmouts and licensing rounds.


Subscriber Only Deals

Current deals: 1692
Completed deals: 5184

Company Profiles

Current Company Profiles: 2639

Corporate Activity

Current Corporate Activity articles: 3268

Companies Looking

Current number of articles: 427

Company Sales

Current Company Sales articles:1354

Geostudies

Current Geostudies articles: 637

How to subscribe

energy-pedia Jobs

RSS Feed Widget
See all jobs...


energy-pedia Databank

The energy-pedia databank contains links to information on the world financial and energy markets, including share prices, oil and gas prices and the global stock exchanges. Read more...



energy-pedia Glossary

A list of commonly used terms in the oil and gas industry. Read more...

Subscribe

Subscribe to the FREE
energy-pedia Daily Newsletter
Subscribe

RSK Logo 149
SLR Consulting logo
KL Publishing
count geophysics
Government of South Australia
Rose & Assocs 149
energy365
Geoespace
Union Jack Oil 149
OPC
EP Consult Energies
Bayphase
About energy-pedia

energy-pedia news is a FREE news service written and edited by E and P professionals for E and P professionals.

We don't just report the news, we give you the technical background as well, with additional information derived from our unique energy-pedia opportunities service.
Contact us

energy365 Ltd

238 High Street
London Colney
St Albans
UNITED KINGDOM

Tel: +44(0)1727 822675

Email: info@energy-pedia.com