India's ONGC Videsh clears Rs 1,500 crore for Mozambique JV, expects LNG progress
Eni set to ink Mozambique floater at SHI
8:43 CAT | 11 Nov 2016
File photo
South Korea’s Samsung Heavy Industries (SHI) could ink its long-expected new contract to build Eni’s planned floating LNG (FLNG) production unit for Mozambique within weeks.
Industry sources say Eni will sanction its planned 3.3 million tonnes per annum (mtpa)-capacity Coral FLNG project in early December and firm up a planned LNG floater with SHI and its engineering partner Technip at around the same time.
Considerable preparation work has been undertaken on the unit already and the parties are said to be keen to cut steel on the floater early in the new year.
Earlier reports suggested the contract with the yard would be signed in October but this has slipped back.
Last month, energy major BP gave the project fresh impetus when it agreed to buy the LNG volumes produced by Coral.
The unit will be used to develop the Mamba gas discovery in the Rovuma Basin that lies about 48 kilometres (30 miles) off Mozambique, near the country’s northern border with Tanzania.
Eni is working in partnership with PetroChina, Galp Energia, Kogas and Empresa Nacional de Hidrocarbonetos.
SHI and Technip currently are building Shell’s massive Prelude FLNG unit, the largest floating structure ever constructed.
Source: Trade Winds
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