Intelligent news from Mozambique

Aker, GE win Mozambique FLNG contracts

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Eni has awarded major equipment contracts with two suppliers for its $8 billion Coral South floating LNG project.

GE Oil & Gas will supply the project with subsea production systems, ancillary equipment and services as part of two five-year contracts, with extension options covering 25 years.

Norway’s Aker Solutions, meanwhile, will deliver three umbilicals and associated equipment for the project, with delivery scheduled for the end of 2019.

The GE contract comes less than six months after the US energy giant sacked its country manager after he was accused of accepting a $800,000 bribe from Brazilian aircraft manufacturer Embraer in 2008.

Mateus Zimba was dismissed in January having allegedly taken the bribe in connection with the purchase of two Embraer aircraft for Mozambique’s national carrier LAM.

Coral’s 3.4 million tonne per annum plant will be the world’s first ultra-deep offshore FLNG project and the first of any to be project financed.

It has attracted financing from 15 banks and was signed off earlier this month. Eni chief executive says the plant will be operational by 2022.

© 2017, Zitamar Ltd. Reproduction and dissemination prohibited without written permission.

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