Eni Wins Offshore Mozambique Block

Laxman Pai
Thursday, October 18, 2018

Italian oil and gas major Eni has signed in Maputo the contract for the exclusive exploration and development rights of the offshore block A5-A, in the deep waters of the Northern Zambezi Basin, approximately 1,500 km to the north east of the capital Maputo.

With this acquisition, Eni further strengthens its presence in Mozambique, a country that has a strategic relevance for the company, said a press release from the company.

The block was awarded to Eni as a result of the participation to the 5th competitive Licensing Round launched by the Republic of Mozambique. It extends over an area of 5,133 square km, at water depths between 300 and 1,800 m, in a completely unexplored zone in front of the town of Angoche.

Eni is the operator of Block A5-A Consortium, with a participating share of 59.5% owned by its subsidiary Eni Mozambico. Other partners are Sasol, with 25.5%, and the Mozambican state company Empresa Nacional de Hidrocarbonetos (ENH) with 15%.

Eni has been present in Mozambique since 2006, following the acquisition of a participation in the Petroleum Contract of Area 4, in the offshore Rovuma basin, in the north of the country. 

 Following an intense exploration campaign that spanned just 3 years, between 2011 and 2014 the supergiant gas fields of Coral, Mamba and Agulha were discovered, boasting estimated 2,407 billion cubic meters of gas in place. The Area 4 consortium is formed by Mozambique Rovuma Ventures (Eni 25%, ExxonMobil, 25% and CNPC, 20%), and by Empresa Nacional de Hidrocarbonetos (10%), Kogas (10%) and Galp (10%).

Coral initial development program includes the construction of a floating plant (FLNG), to treat, liquefy, store and offload LNG. The plant will have a liquefaction capacity of approximately 3.4 million tons per year. Construction has started in June 2017 production is expected to start in 2022.

The Mamba Complex development program includes the construction of an onshore plant composed by 2 trains for gas treatment and liquefaction, with a liquefaction capacity of 15.2 million tons per year. The project is expected to be sanctioned in 2019 and production is expected to start in 2024.

Categories: Exploration Production Deepwater Africa

Related Stories

Norwegian Oil Investment Will Peak in '25

Cheniere, JERA Ink Long-Term LNG Sale and Purchase Agreement

Seatrium Engages Axess Group to Clear FPSOs for Brazil Deployment

Sapura Energy Rebrands to Vantris Energy

Allseas-Boskalis Consortium Bags $1.4B Offshore Gas Pipeline Job in Taiwan

SBM Offshore’s Jaguar FPSO Enters Drydock in Singapore (Video)

CNOOC Finds Oil and Gas in South China Sea

Fugro Lands Deepwater Gas Field Job in Southeast Asia

Indonesia's Medco Starts Production at Natuna Sea Fields

India Stretches Bids Deadline for 13 Offshore Deep-Sea Mineral Blocks

Current News

SPE Offshore Europe 2025 set to drive transformational change for the energy sector

Shipbuilder Delivers Fast Crew Boat Pair to Aesen

Norwegian Oil Investment Will Peak in '25

Saipem Marks First Steel Cut for Tangguh UCC Project at Karimun Yard

Saipem Wins FEED Contract For Abadi LNG Project FPSO Module In Indonesia

Cheniere, JERA Ink Long-Term LNG Sale and Purchase Agreement

Shelf Drilling Lands New Jack-Up Contract in Vietnam, Extends Egypt Deal

Seatrium Engages Axess Group to Clear FPSOs for Brazil Deployment

Inpex Picks FEED Contractors for Abadi LNG Onshore Plant

Inpex Kicks Off FEED Work for Abadi LNG Scheme Offshore Indonesia

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com