GE, ENI sign deals to develop gas offshore Mozambique
- Two five-year contracts signed for subsea production systems for Mozambique offshore development projects

GE Oil & Gas signed a long-term agreement to collaborate with Eni East Africa for the offshore Mozambique developments it operates, GE announced on Tuesday.

The company noted that the move underlines GE Oil & Gas’s commitment to expand its global footprint while supporting local investment in Africa.

Two five-year contracts signed for subsea production systems, equipment and services for Mozambique offshore development projects, with additional extension options totaling 25 years.

Orders secured for equipment and services for Coral South floating liquefied natural gas (FLNG) project, the first phase of Eni East Africa’s development plans for Rovuma basin Area 4 gas resources, the company said.

The second agreement covers Area 4 future potential upstream projects. It includes a separate five-year aftermarket services contract for Life of Field of the subsea infrastructure, plus one five-year option and five three-year extensions.

The Coral South FLNG project will see the installation of an FLNG facility with a capacity of around 3.4 million tons per annum, fed by six subsea wells and expected to produce up to 5 trillion cubic feet of gas, with an anticipated start-up in mid-2022.

"The first ever deep water project to start producing gas in Mozambique, it will provide significant local economic benefits through job creation and support the region’s future energy needs," the company said.

By Ebru Sengul

Anadolu Agency


28 Jun,2017