Italian oil and gas giant Eni has awarded TechnipFMC a substantial subsea contract valued between $250 million and $500 million for the Coral North floating liquefied natural gas development offshore Mozambique, marking a significant milestone in the expansion of the supergiant Rovuma basin.
Under the engineering, procurement, construction, and installation contract, TechnipFMC will manufacture and install flexible flowlines and risers, as well as install subsea manifolds and umbilicals for the ultra-deep water project.
Jonathan Landes, President of Subsea for TechnipFMC, expressed excitement about working with Eni and their consortium partners again. “We will leverage our experience gained from the successful delivery of Coral South, the world’s first FLNG project in ultradeep water, by replicating our proven playbook with an enhanced approach,” Landes stated.
Located in water depths of approximately 2,000 meters, the Coral North project aims to produce gas from the northern part of Area 4 Coral gas reservoir through what Eni describes as a state-of-the-art floating LNG facility, joining the already operational Coral South. Eni says Coral North will be the second large-scale FLNG delivered in ultra-deep waters worldwide after Coral South, with an anticipated start of production in 2028.
The final investment decision to develop the FLNG project was reached in October, signaling strong confidence in Mozambique’s gas sector and the technical capabilities required for ultra-deep water operations.
Source: offshore-energy.biz