Page 14 - AfrOil Week 25 2021

AfrOil PROJECTS & COMPANIES AfrOil

These efforts are “delivering results, with 98% improved water injection rates in excess of
average uptime year-to-date across both the 200,000 bpd.”
Jubilee and TEN FPSOs [floating production, Tullow acquired stakes in Jubilee and TEN
storage and off-loading units],” said Rahul Dhir, in 2004, via its purchase of South Africa-based
Tullow’s CEO. Energy Africa.
Dhir expressed enthusiasm about these Since then, the sites have become its larg-
developments, saying: “I am pleased to report est productive assets. They have also been the
that production performance continues to be source of some frustration, though. Last year,
supported by reliable gas off-take from the gov- Tullow reported a decline in reserves at Enyenra
ernment of Ghana, which is regularly averaging and said that Ghana National Gas Co. (GNGC)
between 110-130mn cubic feet [3.12-3.68mn was requesting lower volumes of associated gas
cubic metres] per day. We also continue to see from Jubilee and TEN. ™

Eni says Coral South LNG is still

scheduled for launch in 2022

MOZAMBIQUE ITALY’S Eni says it is on track to launch the
Coral South LNG project offshore Mozambique
next year, despite the violence and civil unrest
that has slowed down TotalEnergies’ plans for
development of a nearby field.
A spokesperson for the Italian major told
S&P Global Platts earlier this week that Eni
aimed to begin extracting and processing gas
from the Coral section of the offshore block
known as Area 4 in 2022, as previously antici-
pated. The project’s timeline has not changed as a
result of events in Mozambique’s northernmost
province of Cabo Delgado, which lies directly to
the west of Area 4 and the other offshore blocks
slated for development within the framework of
large-scale LNG projects, she said.
“We confirm that so far, the violence in the
north of Mozambique has not affected the Coral Coral South LNG will process gas from Area 4 (Image: Galp)
South project timeline, and we confirm startup
in 2022 as per [the] schedule,” the spokesperson group that mounted a violent campaign to seize
said, without commenting further. control of Cabo Delgado in 2017.
Eni has not had to follow TotalEnergies in Eni was the first international oil company
suspending work in Mozambique because all (IOC) to sign on to a major LNG scheme in
operations related to the Coral South project are Mozambique. It discovered the Coral field at
being carried out offshore. The Italian company Area 4 in 2012 and made an FID in favour of
will not just be using offshore facilities to extract going forward with the $10bn Coral South LNG
gas; it will also employ a floating LNG (FLNG) project in 2017. It has said it intends to drill six
plant with a capacity of 3.4mn tonnes per year development wells in 2,000-metre-deep water to
(tpy). This facility is slated to become the first provide feedstock for the FLNG.
LNG plant ever to work in an ultra-deepwater The shareholders in the project are Mozam-
zone. bique Rovuma Venture (MRV), a joint venture
Total, meanwhile, has opted to produce gas owned by Eni (the operator), ExxonMobil (US)
offshore and send its production to an onshore and China National Petroleum Corp. (CNPC);
liquefaction plant on the Afungi Peninsula. This Galp (Portugal); KOGAS (South Korea), and
choice has left it vulnerable to attacks carried out ENH, Mozambique’s national oil company
by Ahlu Sunnah Wa-Jamo (ASWJ), an Islamist (NOC). ™

P14 www. NEWSBASE .com Week 25 23•June•2021