Browsing: flng

Extractives
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Work starts on FLNG plant as Exxon prepares onshore development plan – minister

Work has begun in Singapore on building the floating liquefaction (FLNG) platform for the Eni-operated Coral South gas field in Mozambique, minister of energy and mineral resources Max Tonela told the Mozambican parliament today - putting the project on [...]

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Extractives
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Eni reaches FID on Coral South FLNG project in Mozambique

Updated at 19:50 local time: corrects project investment value, bank lending; adds projected government revenues and project lead time Eni signed off on its $8 billion Coral South floating LNG project today at a ceremony in Maputo, attended by chief executive Claudio Descalzi and [...]

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Extractives
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Mozambique oil company seeks advisors to refinance LNG project stakes

Mozambique’s  state oil company, ENH, will launch a tender with the World Bank for legal and financial advisors to help refinance its equity stake in the Rovuma Basin LNG projects within weeks, ENH chairman, Omar Mithá said on Friday.

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Extractives
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Eni and Anadarko should be forced to use ProIndicus security, Mozambique inquiry told

Mozambique state-owned maritime security company ProIndicus, and ship-building company MAM, were conceived on the assumption their services would be forced upon international oil companies (IOCs) operating in Mozambican waters, a Parliamentary Commission [...]

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Oil & Gas
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Eni ‘fine tuning’ deal to sell half Mozambique offshore stake to Exxon

Italian oil company Eni is “fine tuning” a deal to sell part of its stake in Mozambique’s offshore Area 4 to US major Exxon Mobil, the head of Mozambique’s national oil company, Omar Mithá, told Zitamar News [...]

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