TechnipFMC awarded contract for the Coral South FLNG project offshore Mozambique

TechnipFMC, together with JGC Corporation and Samsung Heavy Industries, all partners in the TJS Consortium where TechnipFMC is leader, has been awarded by CORAL FLNG SA* a major contract. It covers the Engineering, Procurement, Construction, Installation, Commissioning and Start-up (EPCIC) of the Coral South FLNG facility and its associated risers and subsea flowlines system, as well as the installation of the umbilicals and subsea equipment.

The floating liquefied natural gas (FLNG) facility will be designed to produce close to 3.4 Mtpa of liquefied natural gas and will be moored in 2,000 meters of water depth in the Area 4, offshore Mozambique.

According to Chief Executive Officer of TechnipFMC Doug Pferdehirt the award demonstrates the consortiums strength in their integrated offerings

“We are honored to be the leader of the execution of this prestigious contract awarded by Eni and its partners to the TJS consortium. Combining TechnipFMC unique capabilities in both FLNG and Subsea, we have been able to propose to our client an optimum combination, demonstrating the strength of our integrated offerings,” he said.

“This FLNG award is a key milestone for TechnipFMC and confirms our pioneering and leading position on the floating LNG market,” Nello Uccelletti, President of TechnipFMC’s Onshore/Offshore business, commented.

In November last year Eni’s Board of Directors authorized the investment for the first phase of the development of the Coral discovery (Coral South project), located in the deep waters of the Rovuma Basin (Area 4), offshore Mozambique a fundamental step towards the Final Investment Decision on the project.

Earlier this year ExxonMobil and Eni signed a sale and purchase agreement to enable ExxonMobil to acquire from Eni a 25 percent indirect interest in the natural gas-rich Area 4 block, offshore Mozambique. Eni currently holds a 50 percent indirect share in the block through a 71.4 percent stake in Eni East Africa, which owns 70 percent of the Area 4 concession.

Following completion of the transaction, Eni East Africa S.p.A. will be co-owned by Eni (35.7 percent), ExxonMobil (35.7 percent) and CNPC (28.6 percent). The remaining interests in Area 4 are held by Empresa Nacional de Hidrocarbonetos de Mozambique E.P. (ENH, 10 percent), Kogas (10 percent) and Galp Energia (10 percent).

CORAL FLNG SA is a special purpose entity incorporated in Mozambique, owner of the FLNG facility and jointly owned by ENI MOZAMBIQUE LNG HOLDING B.V., CNODC MOZAMBIQUE B.V., ENH FLNG UM, S.A, GALP ENERGIA ROVUMA B.V and KG MOZAMBIQUE LTD.