Page 11 - AfrOil Week 02 2022

AfrOil PROJECTS & COMPANIES AfrOil

The Edda Fides can accommodate up to 600 people (Photo: Edda Accommodations)

Saipem will have the opportunity to extend its financial terms of the charter.
charter, Edda said in a press release last week. GTA is an ultra-deepwater block that lies
The company noted that the Edda Fides was athwart the maritime border between Maurita-
currently under charter to Equinor (Norway), nia and Senegal. It was discovered by US-based
which is using the vessel’s accommodation and Kosmos Energy in 2015 and is believed to hold
associated facilities at a drilling site offshore some 15 trillion cubic feet (425bn cubic metres)
Australia. The ship must finish out this charter of natural gas. BP joined the project in 2016,
before moving to GTA, it explained, adding that and the two companies made a final investment
the Edda Fides was now fully booked for 2022 as decision (FID) on first-phase production in late
a result of the new deal with Saipem. 2018.
The vessel is capable of accommodating up The partners intend to use gas from the
to 600 people and is certified to DP3 class. It is licence area to support an LNG project. To this
outfitted with an advanced telescopic motion end, they have contracted Bermuda-registered
compensated gangway system that facilitates Golar LNG to convert the Gimi LNG tanker into
personnel transfer to drilling platforms and a floating LNG (FLNG) plant with a production
other offshore facilities. capacity of 2.5mn tonnes per year (tpy). The
As of press time, neither Saipem nor Edda FLNG unit will process gas delivered via pipe-
Accommodations had commented on the line from the FPSO. ™

Cabinda refinery to come on line in 2022

ANGOLA THE first of Angola’s three planned refineries is project alongside state-owned Sonangol Refin-
set to begin operations this year, following a final ing (Sonaref), with the British firm responsible
investment decision (FID) by its British backer for the cost of construction.
in late 2020. Odebrecht Engenharia e Construção (OEC)
Angolan President João Lourenço this week is carrying out construction work on a crude dis-
told state media outlet ANGOP that the first tillation unit (CDU) under a contract awarded
phase of construction on a 60,000 barrel per day by Gemcorp last year.
(bpd) refinery in the Cabinda exclave would be According to plans announced in October
completed in mid-2022, giving the facility 50% 2020, the refinery will be built in three stages,
of its planned capacity. with the first stage including the CDU, a kero-
The refinery is being constructed by Gem- sene treatment facility and storage tanks that
corp Capital on the Malembo plan, around can hold up to 1.2mn barrels of oil. The sec-
30 km north of the provincial capital and is ond and third stages will involve doubling the
expected to produce gasoline, diesel, fuel oil plant’s capacity and adding pipelines, a catalytic
and Jet A1. reformer, a hydrotator and a catalytic cracking
Gemcorp holds a 90% stake in the $920mn unit.

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