Page 15 - AfrOil Week 34 2022

AfrOil PROJECTS & COMPANIES AfrOil

The two companies are sure to benefit from the targets within the greater Mukuyu field, which
expansion of gas markets and infrastructure in may hold 20 trillion cubic feet (566.4bn cubic
the region since the withdrawal of Mobil, which metres) of natural gas and 845mn barrels of
withdrew from Zimbabwe because it “was chas- gas condensate, according to an updated inde-
ing for oil and not gas,” he remarked. pendent report drawn up by ERCE, a UK-based
Meanwhile, Invictus vice chairman Joe Mti- energy consultancy.
zwa, who was also present at the drilling site, Mukuyu, formerly known as Muzarabani,
indicated that he expected more than half of the is the larger of the two fields within SG 4571.
gas extracted within the framework of the Cab- An older resource estimate drawn up by AIM-
ora Bassa project to be delivered to Zimbabwe’s listed Getech Group speculates that Msasa, the
domestic market. The parties are still working to smaller, may hold 1.05 trillion cubic feet (29.73
finalise the production agreement that will gov- bcm) of gas and 44mn barrels of condensate.
ern the division of production, but Zimbabwe Invictus recently acquired exploration rights
will receive up to 60% of the total, he said. to two additional licence areas adjacent to SG
“If we’re successful, this project will be trans- 4571 – namely, Exclusive Prospecting Orders
formational, a game-changer for Zimbabwe,” 1848 and 1849, or EPO 1848 and EPO 1849.
Mtizwa added. Together with SG 4571, EPO 1848 and EPO
According to previous reports, Invictus plans 1849 cover “the entire conventional oil and gas
to sink Mukuyu-1 to a depth of 3,500-4,000 play in the Cabora Bassa basin,” the Australian
metres. The well will target multiple stacked company said in a statement dated August 17. ™

BP tanker arrives to pick up

Mozambique’s first LNG cargo

MOZAMBIQUE AN LNG tanker operated by BP (UK) was due as provided by VesselsValue indicated the same
to arrive in Mozambique on August 24 to pick arrival date.
up the south-eastern African country’s first BP, which has signed an agreement mak-
export cargo of the fuel, Bloomberg reported ing it the sole off-taker of LNG from the Coral
earlier this week. According to Kpler shipping Sul FLNG vessel, is using the British Mentor, a
data cited by Natural Gas Intelligence, it met that 173,644-cubic metre tanker, to load the cargo.
deadline and was present on that date. It will pick up the gas from the Coral Sul float-
TradeWinds had reported earlier in the ing LNG (FLNG) vessel, which was installed at
week, also citing Kpler shipping data, that the the Coral field earlier this year. Coral is the first
tanker would arrive on August 18. However, development target within the offshore licence
Bloomberg gave the later date on August 19, cit- area assigned to Coral South LNG, the consor-
ing its own compilation of shipping data. LNG tium led by Eni (Italy) that is developing the
Prime concurred, saying that the ship’s AIS data field.

BP’s British Mentor tanker will load LNG from the Coral Sul FLNG vessel (Photo: Eni)

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