Mozambique and Brazil can lead on energy transition among CPLP countries
The planned liquefaction plants of the Rovuma LNG project [Image via Eni]
Area 4 has officially entered the Front-End Engineering Design (FEED) phase of Rovuma LNG. Area 4 Operator, Mozambique Rovuma Venture (MRV) has awarded and executed FEED contracts to compete for the engineering, procurement and construction (EPC) of the Rovuma LNG development. This FEED phase is expected to take around 16 months and is the last step before a Final Investment Decision (FID).
This milestone marks a crucial step forward in the development of Rovuma LNG project, signalling Area 4’s commitment to excellence and innovation in the oil and gas sector. The Rovuma LNG Project will produce, liquefy and market natural gas from reservoirs of the Area 4 block of the offshore Rovuma Basin and includes the construction of 12 modules of 1.5 MTA each, with a total LNG capacity of 18 million tonnes annually, as well as associated onshore facilities. The collaboration with the EPC consortiums will ensure a robust and efficient FEED process, setting the stage for a successful project implementation. The modular e-LNG design, with modules fabricated offsite and then assembled at Afungi, Mozambique, is expected to increase project competitiveness, flexibility, and to reduce presence on-site and execution risks. In addition, this design will have reduced GHG emissions than the previous concept.
Commenting on the latest RLNG project milestone, Frank Kretschmer, President of ExxonMobil Mozambique, said “The award and execution of the FEED contracts is a meaningful step forward to developing the world-class Rovuma LNG project. We will continue to work with the Government to maximize the long-term benefits this project will bring to the people of Mozambique.”
About Area 4
Area 4 is operated by Mozambique Rovuma Venture S.p.A. (MRV), a joint venture owned by ExxonMobil, Eni and China National Petroleum Corporation (CNPC), which holds a 70 percent interest in the Area 4 Exploration and Production Concession Contract; in addition to MRV, Galp, KOGAS and Empresa Nacional de Hidrocarbonetos, E. P. Each holds a 10 percent interest in Area 4.
About ExxonMobil
ExxonMobil, is one of the largest publicly traded international oil and Gas Company, uses technology and innovation to help meet the world’s growing energy needs. In Mozambique, ExxonMobil holds a 25 percent indirect interest in Area 4 and will lead the construction and operation of future natural gas liquefaction facilities.
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