Page 18 - AfrOil Week 29
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AfrOil                                       NEWS IN BRIEF                                             AfrOil








       Broadband acquisition paired with the latest  carry out this project and to equip our client CCS  Mozambique, bound to become a future leader
       processing workflows provides over 12,000  JV and the Republic of Mozambique with world-  in the global LNG industry.
       square km of enhanced imaging in this under-  class marine facilities, while Total is the operator   CCS JV is a limited liability company incor-
       explored area. The increased high and low-fre-  for which the facilities are being built. BESIX has  porated under the laws of Italy and formed
       quency content provides clearer imaging of  built over 10 major jetty structures over the last  by affiliates of Saipem, in Joint Venture with
       subtle depositional features.       15 years in Europe, Africa, the Middle East and  McDermott and Chiyoda Corporation. CCS
       PGS, July 17 2020                   Canada. The infrastructure in Mozambique can  JV partners have completed contracts for more
                                           rely on our renowned expertise in marine works.  than 40 percent of the World’s LNG Production
       BESIX set to build                  We look forward to developing them with our JV  projects.
                                           partner Mota-Engil.”
                                                                                BESIX, July 17 2020
       world-class marine                  collaborative approach regarding the design of
                                              CCS JV and BESIX have implemented a
       facilities in Mozambique            the facilities. This has allowed BESIX’s in-house   INVESTMENT
                                           Engineering department to develop state-
       BESIX in partnership with Mota-Engil, will build  of-the-art variants which significantly opti-  FAR continues sale
       the marine facilities of the Mozambique LNG  mise the design and improve the project’s risk
       Gas Development Project. Works include the  management.                  process for Senegal
       construction of the Material Offloading Facility   Fabian Boucher, Director BESIX Engineering
       and the LNG load-out jetty and wharf. The ter-  Department: “We started working on this project   asset, signs new JOAs
       minal comprises one of the world’s longest jetty  in 2014. The tendering process has allowed us to
       structures, totalling 4,600 metres out at sea, five  build a trusting relationship and a transparent   for Gambian blocks
       berths/platforms, including four for LNG and  working method with our client, CCS JV. It has
       one for condensate, as well as associated moor-  also enabled our experts to provide ‘value engi-  Announcing a Q2-2020 Activity Report, FAR
       ing facilities for the largest LNG carriers  neering’—that is, creative solutions that combine  Ltd has provided an update on the sale process
         Contract for Engineering, Procurement and  the client’s specific interests with our specialised  for its interest in the Sangomar development
       Construction was signed with EPC contractor  equipment (jack-up barges) commonly used  project, offshore Senegal. The Company has
       CCS JV in April 2020. The design of the facil-  for this type of work. Our full BIM integration  also signed new JOAs for Blocks A2 and A5, The
       ities has been significantly optimised through  will also benefit the functional objectives and  Gambia.
       an active collaboration between CCS JV and  the entire life cycle of the project. These marine   Senegal: Over the past three months, the
       BESIX’s in-house Engineering Department  facilities are high-end infrastructures that we are  Operator has been undertaking a programme
         Works, which will be carried out with BESIX’s  particularly proud to design and to build on the  to rescope, reschedule and reprice the San-
       own marine fleet, will begin in mid-2020  African continent, in Mozambique.”  gomar Field Development project in order to
         BESIX, together with its partner Mota-Engil,   CCS JV is the consortium contracted by Total  reduce capital expenditure to ease the pressure
       will design and build all permanent marine facil-  E&P Mozambique Area 1 for Engineering, Pro-  on financing or the development. As previously
       ities of the Mozambique LNG Gas Development  curement and Construction of Mozambique  reported, FAR had been continuing to seek
       Project. The project is located in the Cabo Del-  LNG project, a natural gas liquefaction facility on  financing for its share of the Sangomar Field
       gado Province, near the coastal town of Palma  the Afungi peninsula in Cabo Delgado province,  Development but concluding these arrange-
       on the Indian Ocean coastline of Mozambique.                             ments has been challenged by the current slump
         Works include the execution of the Engi-                               in oil price and global pandemic. FAR also made
       neering, Procurement and Construction of the                             the strategic decision to preserve the group’s cash
       LNG load-out jetty and the Material Offloading                           whilst it awaits clarity on project capex amend-
       Facility.                                                                ments and is progressing efforts to sell all or part
         The LNG load-out jetty and wharf comprises                             of its holding in the RSSD blocks.
       a 2,700-meter-long access jetty, with a width                              FAR has been notified by the operator that it
       varying between 34 and 90 metres, leading to                             is in default of its cash call obligations, and has
       a 1,900-meter-long wharf out at sea. The wharf                           received notices of demand from one of the Joint
       will notably be equipped with five berths/plat-                          Venture parties to compensate it for its share of
       forms, including the four for LNG and the one                            the cash call it is funding on FAR’s behalf. FAR
       for condensate as well as berthing and moor-                             has been notified by the operator that its Joint
       ing facilities for the largest LNG carriers (two                         Venture voting and meeting rights have been
       Q-Max and two Q-Flex).                                                   suspended.
         The Material Offloading Facility is a support                            Subject to this, FAR continues to work with
       marine base for the Mozambique LNG project                               the Operator to manage the continued impact
       development. It comprises quay wall structures                           of COVID-19 on the supply chain and project
       and mooring and berthing facilities for cargo                            schedule for the Sangomar Field Development
       ships.                                                                   and other activities under the Production Shar-
         Works are expected to start in mid-2020. They                          ing Agreement. The Operator is working with
       will be carried out with BESIX’s own marine con-                         project contractors and the Government of the
       struction equipment fleet, which comprises two                           Republic of Senegal to optimise near-term spend
       self-elevating platforms and crane barges.                               whilst protecting the overall value of the invest-
         Mathieu Dechamps, General Manager BESIX                                ment and remain on schedule to deliver first oil
       International, said: “We are particularly proud to                       in 2023.



       P18                                      www. NEWSBASE .com                           Week 29   22•July•2020
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