Coral FLNG awards maintenance contract to Saipem
Coral FLNG SA has awarded Saipem SPA a maintenance services contract for the 3.4-million tonne/year Coral Sul floating LNG (FLNG) plant offshore Mozambique. Activities cover maintenance of the entire plant, onboard supervision, and creation of an onshore logistical base.
Coral Sul will produce natural gas from the 16-tcf Coral field in Rovuma basin, about 250 km northeast of Pemba, Mozambique, and 50 km off the Mozambique coast, starting in 2022 (OGJ Online, Nov. 9, 2021). Saipem describes Coral Sul as the first FLNG plant to operate in ultradeep waters. It will be connected to six subsea wells at a depth of around 2,000 m.
The contract is worth $150 million with a duration of 9 years, plus 1 optional year.
Coral FLNG is a special-purpose entity incorporated in Mozambique by Area 4 partners Eni SPA (operator), ExxonMobil Corp., China National Petroleum Corp., Galp Energia SGPS SA, Korea Gas Corp., and Empresa Nacional de Hidrocarbonetos.
Christopher E. Smith | Editor in Chief
Christopher brings 27 years of experience in a variety of oil and gas industry analysis and reporting roles to his work as Editor-in-Chief, specializing for the last 15 of them in midstream and transportation sectors.
