NEWS
Mozambique: Technip Energies sells Coral Sul FLNG to Eni.
Performance tests carried out by Technip Energies on Eni's Coral Sul floating LNG (FLNG) unit offshore Mozambique have confirmed the requirements for LNG production in excess of 3.4 million tonnes per year.
After completion of performance tests, the Coral Sul FLNG unit was handed over to Eni.
The FLNG was delivered and commissioned on schedule in 2023 and, according to Technip Energies, the recent performance verification further contributes to Eni's ambition for gas development in Zone 4.
The Coral Sul is Mozambique's first LNG project, and the first floating LNG facility ever deployed in deep waters on the African continent.
Offshore Area 4, where the project is located, is operated by Mozambique Rovuma Venture (MRV), a joint venture owned by Eni, ExxonMobil and CNPC, which holds a 70% interest in the Area 4 exploration and production concession contract.
Portuguese energy company Galp, Korean Gas Corp. and Mozambique's national oil company ENH are the minority partners with 10% each.
Built by Samsung Heavy Industries in South Korea, the Coral Sul FLNG unit is 432 meters long and 66 meters wide, weighs around 220,000 tonnes and has the capacity to accommodate up to 350 people in its eight-storey Living Quarters module.
The FLNG is located at a water depth of around 2,000 meters and is held in position by 20 mooring lines totalling 9,000 tonnes.
The Coral Sul project was sanctioned in 2017. The FLNG unit will produce LNG from 450 billion cubic meters of gas in the Coral reservoir.
According to October 2023 reportsItaly's Eni hopes to reach a final investment decision on its second floating liquefied natural gas (LNG) project in Mozambique by the end of June 2024, which could further boost the company's gas production from Africa.
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