Anadarko, Eni agreement advances Mozambique LNG project

Anadarko Petroleum Corp. signed a heads of agreement (HOA) with Eni SPA aimed at coordinating the two companies’ activities in connection with the Mozambique liquefied natural gas project.

The HOA establishes principles for the coordinated development of the common natural gas reservoirs spanning Mozambique's Offshore Area 1 (operated by Anadarko) and Offshore Area 4 (operated by Eni), the Houston independent producer said.

The project design allows the two operators to conduct separate, yet coordinated, offshore development while jointly constructing onshore liquefaction facilities in northern Mozambique’s Cabo Delgado province, Anadarko indicated.

"We expect the HOA to lead to a unitization agreement to further facilitate the efficient development of the common resources, as well as the independent reservoirs on both blocks, enabling enhanced economies of scale through shared infrastructure and facilities,” Anadarko Chief Executive Al Walker said.

The two producers and Mozambique’s government expect the project’s first LNG cargoes will ship in 2018, he added.

Multiple front-end engineering and design contracts for the project also have been signed, Anadarko said.

Contact Nick Snow at nicks@pennwell.com

 

Related Articles

ExxonMobil lets contract for Texas ethylene expansion

08/13/2014 ExxonMobil Corp. has let a contract to Jacobs Engineering Group Inc. to provide engineering, procurement, and construction services as part of a mu...

API urges EPA to expedite 2014 RFS requirements

08/13/2014 The American Petroleum Institute once again has called on the US Environmental Protection Agency to transcend its pattern of missing self-pronounce...

Numaligarh refinery expansion plans progress

08/13/2014 Bharat Petroleum Corp. Ltd. (BPCL), Mumbai, has let feasibility studies to Engineers India Ltd. (EIL) for projects related to the long-planned expa...

Petronas details RAPID project contract awards

08/11/2014 Malaysia’s state-owned Petronas has confirmed the award of 11 major contracts related to critical milestones in the development of its refinery and...

Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!

 

Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected