{"id":6872,"date":"2018-03-05T11:21:20","date_gmt":"2018-03-05T11:21:20","guid":{"rendered":"http:\/\/www.oilnewskenya.com\/?p=6872"},"modified":"2018-03-05T11:21:20","modified_gmt":"2018-03-05T11:21:20","slug":"mozambique-approves-anadarkos-golfinho-atum-field-development-plan","status":"publish","type":"post","link":"https:\/\/www.oilnewskenya.com\/index.php\/mozambique-approves-anadarkos-golfinho-atum-field-development-plan\/","title":{"rendered":"Mozambique Approves Anadarko\u2019s Golfinho\/Atum Field Development Plan"},"content":{"rendered":"

Anadarko Petroleum\u00a0has announced that it has received official approval from the Government of Mozambique for the\u00a0Golfinho\/Atum Field Development Plan. The Development Plan outlines the integrated onshore project from the reservoir to the LNG market and is a culmination of the substantial progress made to date on the technical and commercial aspects of the Anadarko-operated Mozambique LNG development.<\/p>\n

According to Anadarko Executive Vice President, International & Deepwater Operations and Project Management Mitch Ingram this approval provides further progress the company continues to make on the project, that will position Mozambique as a strategic global LNG supplier.<\/p>\n

\u201cAnadarko Executive Vice President, International & Deepwater Operations and Project Management. ‘The approval of the Development Plan continues advancement toward a Final Investment Decision as it builds upon other recent achievements, including the announcement of our long-term SPA (Sale and Purchase Agreement) with EDF, commencement of resettlement, and our ongoing work to secure project financing,’ Ingram said.<\/p>\n

The Mozambique LNG project will the country\u2019s first onshore LNG development, initially consisting of two LNG trains with total nameplate capacity of 12.88 MTPA to support the development of the\u00a0Golfinho\/Atum fields located entirely within Offshore Area 1 and paves the way for significant future expansion of up to 50 MTPA from Offshore Area 1. The Golfinho\/Atum Project will also supply initial volumes of approximately 100 million cubic feet of natural gas per day (MMcf\/d) (50 MMcf\/d per train) for domestic use in Mozambique.<\/p>\n

Just last month entered into a long-term LNG Sale and Purchase Agreement<\/a> (SPA) with \u00c9lectricit\u00e9 de France, S.A., (EDF) for the supply of 1.2 million tonnes per annum (MTPA) for a term of 15 years weeks after it had also agreed to key terms including volume and price for approximately 5 MTPA of long term offtake including a Heads of Agreement was reached with Tohoku Electric Power Company, Inc<\/a>., one of Japan\u2019s most important LNG buyers.<\/p>\n

In 2018 Anadarko has said it expects to invest<\/a> 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.<\/p>\n

Anadarko Mo\u00e7ambique \u00c1rea 1, Lda, a wholly owned subsidiary of Anadarko Petroleum Corporation, operates Offshore Area 1 with a 26.5-percent working interest. Co-venturers include ENH Rovuma \u00c1rea Um, S.A. (15 percent), Mitsui E&P Mozambique Area1 Ltd. (20 percent), ONGC Videsh Ltd. (10 percent), Beas Rovuma Energy Mozambique Limited (10 percent), BPRL Ventures Mozambique B.V. (10 percent), and PTTEP Mozambique Area 1 Limited (8.5 percent).<\/p>\n","protected":false},"excerpt":{"rendered":"

Anadarko Petroleum\u00a0has announced that it has received official approval from the Government of Mozambique for the\u00a0Golfinho\/Atum Field Development Plan. The Development Plan outlines the integrated onshore project from the reservoir … Read More<\/a><\/p>\n","protected":false},"author":24,"featured_media":2911,"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":[147,6802,6777,3159,6803,6804,6801,1636,6754],"class_list":["post-6872","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-top-news","tag-anadarko","tag-atum","tag-electricite-de-france","tag-field-development-plan","tag-golfinho","tag-golfinho-atum-field-development-plan","tag-lng-project","tag-mozambique","tag-tohoku-electric-power-company","entry"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2015\/05\/LNG.jpg?fit=660%2C435&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/p5JWkQ-1MQ","jetpack-related-posts":[{"id":7720,"url":"https:\/\/www.oilnewskenya.com\/index.php\/technipfmc-awarded-subsea-contracts-for-anadarkos-mozambique-lng\/","url_meta":{"origin":6872,"position":0},"title":"TechnipFMC Awarded Subsea Contracts for Anadarko\u2019s Mozambique LNG","author":"","date":"June 21, 2019","format":false,"excerpt":"TechnipFMC has been awarded a number of subsea contracts by Anadarko Mo\u00e7ambique \u00c1rea 1, Lda, a wholly owned subsidiary of Anadarko Petroleum Corporation, for its Mozambique Golfinho\/Atum development. TechnipFMC was awarded a major(1) Contract for the Engineering, Procurement, Construction and Installation (EPCI) of the subsea hardware system through its wholly\u2026","rel":"","context":"In \"construction\"","block_context":{"text":"construction","link":"https:\/\/www.oilnewskenya.com\/index.php\/tag\/construction\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":7517,"url":"https:\/\/www.oilnewskenya.com\/index.php\/anadarko-announces-multiple-lng-sale-and-purchase-agreement-with-shell-tokyo-gas-and-centrica\/","url_meta":{"origin":6872,"position":1},"title":"Anadarko announces Multiple LNG Sale and Purchase Agreement with Shell, Tokyo Gas and Centrica in Mozambique","author":"","date":"February 6, 2019","format":false,"excerpt":"Anadarko Petroleum\u00a0has announced that\u00a0Mozambique LNG1 Company Pte. Ltd., the jointly owned sales entity of the\u00a0Mozambique Area 1\u00a0co-venturers, has signed a\u00a0Sale and Purchase Agreement (SPA)\u00a0with\u00a0Shell International Trading Middle East Ltd.\u00a0(Shell) for 2 million tonnes of LNG per annum (MTPA) for a term of 13 years. According to Anadarko Executive Vice President,\u2026","rel":"","context":"In \"Golfinho\/Atum field\"","block_context":{"text":"Golfinho\/Atum field","link":"https:\/\/www.oilnewskenya.com\/index.php\/tag\/golfinho-atum-field\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2019\/02\/Area-1-LNG-Facility-Site.jpg?fit=362%2C416&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":6171,"url":"https:\/\/www.oilnewskenya.com\/index.php\/anadarko-finalizes-marine-concessions-with-mozambique-for-offshore-area-1-project\/","url_meta":{"origin":6872,"position":2},"title":"Anadarko Finalizes Marine Concessions with Mozambique for Offshore Area 1 project","author":"","date":"August 1, 2017","format":false,"excerpt":"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.\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\/2015\/04\/Area-1.png?fit=388%2C528&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":7569,"url":"https:\/\/www.oilnewskenya.com\/index.php\/anadarko-announces-lng-sale-and-purchase-agreement-with-bharat\/","url_meta":{"origin":6872,"position":3},"title":"Anadarko announces LNG Sale and Purchase Agreement with Bharat","author":"","date":"February 18, 2019","format":false,"excerpt":"Anadarko Petroleum\u00a0has announced that\u00a0Mozambique LNG1 Company, the jointly owned sales entity of the\u00a0Mozambique Area 1\u00a0co-venturers, has signed a\u00a0Sale and Purchase Agreement (SPA)\u00a0with\u00a0Bharat Gas Resources, a wholly owned subsidiary of\u00a0Bharat Petroleum Corporation Ltd. (BPCL). The SPA is for 1 million tonnes per annum (MTPA) for a term of 15 years. \u00a0\u00a0\u2026","rel":"","context":"In \"PTTEP\"","block_context":{"text":"PTTEP","link":"https:\/\/www.oilnewskenya.com\/index.php\/tag\/pttep\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2019\/02\/Area-1-LNG-Facility-Site.jpg?fit=362%2C416&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":6915,"url":"https:\/\/www.oilnewskenya.com\/index.php\/9-1bn-will-spent-mozambiques-upstream-capex-2020-says-globaldata\/","url_meta":{"origin":6872,"position":4},"title":"Over $9.1bn will be spent on Mozambique\u2019s upstream capex by 2020, says GlobalData","author":"","date":"March 26, 2018","format":false,"excerpt":"An average capex of $3.0bn per year would be spent on eight oil and gas fields in Mozambique between 2018 and 2020. Capital expenditure into Mozambique\u2019s oil and gas projects, will add up to $9.1bn over the three-year period in upstream capital expenditure by 2020, according to leading data and\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":6542,"url":"https:\/\/www.oilnewskenya.com\/index.php\/anadarko-spend-150-million-mozambiques-lng-park-2018\/","url_meta":{"origin":6872,"position":5},"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. 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