NAMIBIA: Galp Energia Secures Contract for Semi-Submersible Rig Hercules

SFL Corporation has signed a contract with a subsidiary of Galp Energia for the harsh environment semi-submersible rig Hercules with an estimated contract value of approximately $50 million. The contract is for … Read More

Eni achieves financial close for Coral South FLNG in Mozambique

Eni, together with its Area 4 Partners, have announced that the Coral South FLNG multi-sourced project financing achieved financial close, for a total amount of US$ 4,675,500,000 split in the … Read More

Air Products Wins Contract for Mozambique’s Coral South Floating LNG Project

The world’s leader in liquefied natural gas (LNG) technology and equipment Air Products has announced an agreement with TP JGC Coral France for the supply of its proprietary cryogenic coil wound heat … Read More

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 … Read More

ExxonMobil to Acquire 25% Interest in Mozambique Area 4 from Eni

ExxonMobil and Eni have signed today 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 … Read More

Eni approves investment plan of Coral South project, offshore Mozambique

The approval of this investment by Eni’s Board of Directors is another fundamental step towards the Final Investment Decision on the project. Eni’s Board of Directors has authorized the investment … Read More

Eni to Construct Floating LNG Facility in Mozambique As Coral Discovery Development Is Approved

Following the approval of the Plan of Development for the Coral discovery, in Area 4 offshore Mozambique by the Government of Mozambique’s Council of Ministers Eni says it envisages the … Read More