Page 14 - AfrOil Week 15 2022

AfrOil PROJECTS & COMPANIES AfrOil

The vessel is about 432 metres long and 66 ExxonMobil (US) and China National Petro-
metres wide. It weighs around 220,000 tonnes leum Corp. (CNPC); Galp (Portugal); KOGAS
and can accommodate as many as 350 people. (South Korea) and ENH, the national oil com-
According to previous reports, the FLNG pany (NOC) of Mozambique. ™
will be able to turn out around 3.4mn tonnes
per year (tpy) of LNG from its single produc-
tion train. It is due to begin processing gas from
Coral, a natural gas field within the licence area
known as Block 4 offshore Mozambique, later
this year. BP (UK) has already agreed to pur-
chase all of its output within the framework of
a long-term agreement.
Eni (Italy), the leader of the consortium,
discovered the Coral field at Area 4 in 2012
and made a final investment decision (FID) in
favour of going forward with the $10bn Coral
South LNG project in 2017. The sharehold-
ers in the project are Mozambique Rovuma
Venture (MRV), a joint venture owned by Eni, The FLNG is capable of producing 3.4mn tpy of LNG (Photo: Coral FLNG SA)

VAALCO drills Avouma 3H-ST

development well at Etame Marin

GABON VAALCO Energy (US) reported on Mon- extension of the Avouma reservoir in another
day, April 11 that it had successfully drilled direction, VAALCO said. It is expected to boost
the Avouma 3H-ST development well at the the total volume of oil recovered from the field
Avouma reservoir in the Etame Marin block and may also permit the drilling of further wells
offshore Gabon. at Avouma, it noted.
In a statement, the company said it had The company is currently in the process of
drilled the well from the Avouma platform with completing Avouma 3H-ST and hopes to bring
a lateral of 268 metres and with “high-qual- the development well on stream within the next
ity Gamba sands at the top of the structure.” It few weeks, the statement said. Subsequently,
described the Gamba sands as “premium,” with VAALCO will continue its drilling programme
porosity levels of 28% and permeability of 1 with the spudding of another development well,
millidarcy. ETBSM-1HB ST2, from the Avouma platform,
The drilling of the well serves to confirm the it added.

The company drilled the latest well from the Avouma platform (Image: VAALCO)

P14 www. NEWSBASE .com Week 15 13•April•2022