{"id":6171,"date":"2017-08-01T06:54:22","date_gmt":"2017-08-01T06:54:22","guid":{"rendered":"http:\/\/www.oilnewskenya.com\/?p=6171"},"modified":"2017-08-01T07:09:06","modified_gmt":"2017-08-01T07:09:06","slug":"anadarko-finalizes-marine-concessions-with-mozambique-for-offshore-area-1-project","status":"publish","type":"post","link":"https:\/\/www.oilnewskenya.com\/index.php\/anadarko-finalizes-marine-concessions-with-mozambique-for-offshore-area-1-project\/","title":{"rendered":"Anadarko Finalizes Marine Concessions with Mozambique for Offshore Area 1 project"},"content":{"rendered":"

Anadarko Petroleum has announced that it had finalized two agreements with the Government of\u00a0Mozambique\u00a0\u2013 together known as the “marine concessions”\u00a0\u2013 which would allow it to design, build and operate the marine facilities for its LNG project in northern\u00a0Mozambique. This follows the publication of the Mozambican Government Decrees approving those agreements.<\/p>\n

\"\"<\/a>According to Anadarko Executive Vice President for Global LNG Mitch Ingram the approval of the decrees is a key milestone on the path to a final investment decision (FID) for its initial two-train LNG project.<\/p>\n

“It marks the completion of the core components of the Legal and Contractual Framework with the Government. We will now look ahead with our plans to begin resettlement, which will enable the construction of the LNG plant,\u201d Mitch said.<\/p>\n

Going forward Anadarko says it will continue to make good progress with its efforts to secure long-term LNG Sales and Purchase Agreements (SPAs) with premier buyers as well as get the necessary financing for the project.<\/p>\n

\u201cWe expect to take FID once the SPAs and financing are in place,” Mitch added.<\/p>\n

Anadarko is developing\u00a0Mozambique’s\u00a0first onshore LNG plant consisting of two initial LNG trains with a total capacity of 12 million tonnes per annum (MTPA) to support the Golfinho\/Atum field located entirely within Offshore Area 1.<\/p>\n

To date Anadarko has selected<\/a> of a consortium consisting of CB&I, Chiyoda Corporation and Saipem (CCS JV) for the initial development of the onshore LNG park in\u00a0Mozambique as well as signed the Unitization<\/a> and Unit Operating Agreement (UUOA) set out for the development of natural gas reservoirs straddling Areas 4 and 1 in the Rovuma Basin, offshore Mozambique.<\/p>\n

Anadarko operates Offshore Area 1 with a 26.5-percent working interest. Co-venturers include Empresa Nacional de Hidrocarbonetos E.P. (ENH) (15 percent), Mitsui E&P Mozambique Area1 Ltd. (20 percent), ONGC Videsh Ltd. (16 percent), Bharat PetroResources Ltd. (10 percent), PTT Exploration & Production Plc (8.5 percent), and Oil India Ltd. (4 percent).<\/p>\n","protected":false},"excerpt":{"rendered":"

Anadarko Petroleum has announced that it had finalized two agreements with the Government of\u00a0Mozambique\u00a0\u2013 together known as the “marine concessions”\u00a0\u2013 which would allow it to design, build and operate the … Read More<\/a><\/p>\n","protected":false},"author":24,"featured_media":2805,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[11],"tags":[147,6300,766,4064,1428,6299,6302,3226,1636,4129,6301,1912,2096],"class_list":["post-6171","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-top-news","tag-anadarko","tag-bharat-petroresources","tag-enh","tag-fid","tag-lng","tag-marine-concessions","tag-mitch-ingram","tag-mitsui-ep-mozambique","tag-mozambique","tag-offshore-area-1","tag-oil-india","tag-ongc-videsh","tag-pttep","entry"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2015\/04\/Area-1.png?fit=388%2C528&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/p5JWkQ-1Bx","jetpack-related-posts":[{"id":7067,"url":"https:\/\/www.oilnewskenya.com\/index.php\/anadarko-heads-agreement-tokyo-gas-centrica-sell-mozambique-lng\/","url_meta":{"origin":6171,"position":0},"title":"Anadarko in Heads Of Agreement with Tokyo Gas and Centrica to sell Mozambique LNG","author":"","date":"June 18, 2018","format":false,"excerpt":"Anadarko\u00a0has announced\u00a0Mozambique LNG1 Company, the jointly owned sales entity of the\u00a0Mozambique Area 1 co-venturers, has signed a\u00a0Heads of Agreement (HOA)\u00a0with\u00a0Tokyo Gas\u00a0and\u00a0Centrica LNG\u00a0for the long-term supply of LNG. The co-purchasing off-take agreement calls for the delivered ex-ship supply of 2.6 million tonnes per annum\u00a0(MTPA) from the start-up of production until the\u2026","rel":"","context":"In "Top News"","block_context":{"text":"Top News","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/top-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2018\/06\/Anadarko-offshore-Area-1.jpg?fit=326%2C446&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":6542,"url":"https:\/\/www.oilnewskenya.com\/index.php\/anadarko-spend-150-million-mozambiques-lng-park-2018\/","url_meta":{"origin":6171,"position":1},"title":"Anadarko to Spend $150 Million in Mozambique LNG Park in 2018","author":"","date":"November 19, 2017","format":false,"excerpt":"Area 1 operator Anadarko has said it expects to invest approximately $150 million during 2018 primarily to fund its portion of the costs associated with preparing the site of the future LNG park as the company advances the Mozambique LNG project. Already has received the greenlight to proceed with design,\u2026","rel":"","context":"In "Top News"","block_context":{"text":"Top News","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/top-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2017\/11\/Mozambique-LNG-Park.jpg?fit=660%2C408&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2017\/11\/Mozambique-LNG-Park.jpg?fit=660%2C408&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2017\/11\/Mozambique-LNG-Park.jpg?fit=660%2C408&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":6824,"url":"https:\/\/www.oilnewskenya.com\/index.php\/anadarko-mozambique-government-agree-legal-contractual-framework-area-1\/","url_meta":{"origin":6171,"position":2},"title":"Anadarko, Mozambique Government Agree On Legal And Contractual Framework In Area 1","author":"","date":"February 7, 2018","format":false,"excerpt":"Offshore Area 1 operator Anadarko and its Area 1 co-venturers have announced that they have established the foundational legal and contractual framework with the Mozambique government allowing them to commence onshore site preparation activities with resettlement having started. Further Anadarko has agreed to key terms including volume and price for\u2026","rel":"","context":"In "Top News"","block_context":{"text":"Top News","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/top-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2017\/11\/Mozambique-LNG-Park.jpg?fit=660%2C408&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2017\/11\/Mozambique-LNG-Park.jpg?fit=660%2C408&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2017\/11\/Mozambique-LNG-Park.jpg?fit=660%2C408&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":2947,"url":"https:\/\/www.oilnewskenya.com\/index.php\/anadarko-selects-contractor-initial-onshore-mozambique-lng-development\/","url_meta":{"origin":6171,"position":3},"title":"Anadarko Selects Contractor For Initial Onshore Mozambique LNG Development","author":"","date":"May 20, 2015","format":false,"excerpt":"Anadarko Petroleum Corporation on behalf of the co-venturers in Mozambique's\u00a0Offshore Area 1, and after a competitive FEED (front-end engineering and design) process has announced the selection of a consortium consisting of CB&I, Chiyoda Corporation and Saipem (CCS JV) for the initial development of the onshore LNG park in\u00a0Mozambique. According to\u2026","rel":"","context":"In "Top News"","block_context":{"text":"Top News","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/top-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/03\/lng1.jpg?fit=660%2C435&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/03\/lng1.jpg?fit=660%2C435&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/03\/lng1.jpg?fit=660%2C435&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":7257,"url":"https:\/\/www.oilnewskenya.com\/index.php\/anadarko-allocates-200m-towards-mozambique-lng-project\/","url_meta":{"origin":6171,"position":4},"title":"Anadarko Allocates $200M Towards Mozambique LNG Project","author":"","date":"November 19, 2018","format":false,"excerpt":"Anadarko Petroleum the operator in Mozambique Offshore Area 1 has said it has allocated approximately\u00a0$200 million\u00a0toward its LNG project, pre FID (final investment decision), for its's portion of the costs associated with ongoing site preparation for the shared onshore facilities. This even as the company \u00a0says remains on track for\u2026","rel":"","context":"In "Top News"","block_context":{"text":"Top News","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/top-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2018\/11\/Mozambique-LNG.png?fit=412%2C250&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":6851,"url":"https:\/\/www.oilnewskenya.com\/index.php\/anadarko-announces-mozambique-lng-sale-purchase-agreement-electricite-de-france\/","url_meta":{"origin":6171,"position":5},"title":"Anadarko Announces Mozambique LNG Sale And Purchase Agreement with \u00c9lectricit\u00e9 de France","author":"","date":"February 20, 2018","format":false,"excerpt":"Mozambique Area 1 operator Anadarko Petroleum announced Mozambique LNG1 Company Pte. 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