Eni on Thursday signed the drilling, construction and installation contracts for its proposed Coral South floating liquefied natural gas (FLNG) project, the first FLNG project offshore Africa and the third FLNG facility globally. Image…
US giant ExxonMobil and Italy’s Eni signed a US$2.8 billion cash deal that will see ExxonMobil acquire 25% indirect interest in the natural gas-rich Area 4 block, offshore Mozambique. Map of Area 4…
Eni has finalized a farm-in agreement with Total to acquire 50% stake in the French company’s Block 11, offshore Cyprus. Map of Block 11, from Total. “With this transaction Eni further reinforces its own position in the country…
Large upstream projects are more often delivered by a group of partners rather than a single 100% owner. This spreads project risks and can also make it possible to finance megaprojects, which could be beyond the capacity of any single player…
Although Australia has some of the most progressive fiscal regimes for offshore oil and gas, the country is being short-changed in LNG exports, which is on the verge of further expansion this year. Audrey Raj reports. Shell’s…
Eni is a step closer to moving ahead with its 16 Tcf deepwater Coral discovery development offshore Mozambique following investment approval from its board of directors. Eni's board has approved the first phase of development, called the Coral South project…
Mozambique’s emerging LNG business may be picking up after a quiet period. John Sheehan reports on progress made, including Eni’s Coral FLNG project. An Anadarko employee. Images from Anadarko…
BP and the Area 4 concession partners, Eni East Africa (EEA), Galp Energia (Galp), Kogas and Empresa Nactional de Hidrocarbonetos (ENH), entered into a sales and purchase agreement for BP to purchase 100% of the liquefied natural gas (LNG)…
Australia’s Woodside Energy and Korea Gas Corp. (Kogas) entered into a memorandum of understanding (MOU) to renew a partnership that has been in place since 2011. The MOU, signed by Woodside CEO Peter Coleman and Kogas president and CEO Lee Seung-Hoon…
The first development offshore Mozambique in the Rovuma basin has been given the thumbs by the country's government. Eni is planning a six-well subsea to 3.4 MTPA floating LNG development for the Coral discovery, in Area 4 in the Rovuma basin…
Anadarko and Eni inked a unitization and unit operating agreement (UUOA) to develop 24 Tcf of natural gas reserves from two blocks offshore Mozambique. Image of Mozambique operations, from Anadarko…
The Santos-led GLNG project has started producing its first liquefied natural gas (LNG) on Curtis Island, Queensland, on schedule and within budget, the company said. Train 1, which welcomed its first gas in August, is producing the gas…
ExxonMobil reports that it signed a memorandum of understanding with the Korea Institute of Energy Technology Evaluation and Planning and the Korea Gas Corp. (Kogas) to hold discussions concerning natural gas technologies and new energy technologies…
The US$18.5 billion Santos GLNG project is approaching its 95% complete mark and is expected to produce first LNG around the end of 3Q 2015. From Santos GLNG. Previous guidance for first LNG was in 2H 2015…
Area 4 is the jewel in Italian explorer Eni’s African crown. Meg Chesshyre reports on the company’s plans to get its large gas discoveries off Mozambique to market. Map of Mozambique. From EIA. Mozambique’s…
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