Petroleum Africa
Find us on: 
Wednesday, October 5, 2016
BP and ENI have entered into an agreement that has the UK-based firm purchasing LNG from one of ENI’s planned developments offshore Mozambique. The pair signed a 20-year deal for LNG from ENI’s Coral South FLNG project on Offshore Area 4.
With the sale of the entire output from the Coral South FLNG project ENI can take its FID on the project.
ENI operates Area 4 with a 50% stake and is partnered with CNPC, Galp Energia, Kogas, and ENH. There is talk that ExxonMobil will be joining ENI and partners on the block, if a much rumored deal for a 25% stake from ENI goes through.
" alt="First LNG Realized at the Greater Tortue Ahmeyim Project">
" alt="United Energy Acquires Western Desert Producer APEX">
" alt="Baker Hughes Announces Major Gas Technology Orders for Venture Global LNG">
" alt="ReconAfrica: Naingopo Results Demonstrate a Working Petroleum System">
" alt="Tullow Highlights 2025 Operational Plans in Ghana">
" alt="TotalEnergies to Supply 1.5 TWh to STMicroelectronics in France Over 15 years">
" alt="Rockhopper Reaches Final Settlement with United on Egypt’s Abu Sennan Concession">
" alt="Oil & Gas Crucial for African Growth: AEC Calls for Industry Support to Defend African Market">
