Area 4 block

Mozambique Oil & Gas: Eni’s Coral South Floating platform construction begins

Posted on September 5, 2018 by Mozambique Resources Post

The first steel plate for a floating platform that will extract natural gas in northern Mozambique begins to be cut on Thursday in Busan, South Korea, a Mozambican government source told Portuguese news agency Lusa.

Mozambique Oil & Gas: ExxonMobil Completes LNG Acquisition on Rovuma Area 4 block

Posted on December 13, 2017 by Mozambique Resources Post

ExxonMobil announced today the completion of a transaction by ExxonMobil Development Africa B.V. to acquire a 25 percent indirect interest in Mozambique’s gas-rich Area 4 block from Eni and assume responsibility for midstream operations.

Mozambique Oil & Gas: Air Products scores another Coral South FLNG contract

Posted on December 12, 2017 by Mozambique Resources Post

US-based LNG equipment maker, Air Products has won a contract to supply equipment for Eni’s Coral South floating liquefied natural gas (FLNG) facility to be located offshore Mozambique.

Mozambique Oil & Gas: Keppel nets Coral South FLNG gig

Posted on December 12, 2017 by Mozambique Resources Post

A unit of Singapore’s Keppel Offshore & Marine has secured a contract to work on Eni’s Coral South floating liquefied natural gas (FLNG) facility to be located offshore Mozambique.

Mozambique Oil & Gas: Rovuma exports inch closer than ever

Posted on April 25, 2017 by Mozambique Resources Post

Rovuma basin Area 4 Eni’s project offshore Mozambique should soon get the official go-ahead. Tanzania’s progress is much slower, according to Petroleum Economist.

Mozambique Oil & Gas: ExxonMobil To Strike Biggest Deal Since Oil Bust Started

Posted on March 29, 2016 by Mozambique Resources Post

There’s been a lot of gloom about the oil and gas sector lately. With many firms slowing or completely stopping project development. But this week news from an unexpected part of the world shows signs of life. With the world’s largest public E&P company moving in a surprisingly aggressive manner on a key M&A deal.

Mozambique Oil & Gas: ENI’s floating factory environmentally viable

Posted on February 16, 2015 by Mozambique Resources Post

The project to build a floating plant to process natural gas in the Area 4 block, in northern Mozambique, is feasible in environmental terms provided the proposed measures are implemented, according to a preliminary report. The study, prepared by Consultec, is part of the process of evaluating the environmental impact of the project started in 2013 and which is now in its second phase, before delivery for assessment by the government fin order to award…

From Oilprice: Global Energy Advisory – 30th May 2014

Posted on June 4, 2014June 4, 2014 by Mozambique Resources Post

Discovery/Development • Italy’s Eni has confirmed gas discoveries in the Area 4 block in northern Mozambique’s Rovuma Basin. Eni started drilling the Agulha-2 test welI in February this year, estimating reserves at 85 trillion cubic feet. Eni has a 50% interest in Area 4, along with China National Petroleum Corp. (20%), Portugal’s Galp Energia (10%), Mozambique state-run Empresa Nacional de Hidrocarbonetos (10%) and Korea Gas (10%). Norway’s Statoil and US-based Anadarko are also operating in…