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Feature Articles

Anadarko pens Mozambique gas sales agreement with CNOOC

Posted by Dale | 05/02/2019

05/02/2019 by Dale

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U.S. oil and gas company Anadarko has signed 1.5 million tonnes per annum gas sale and purchase agreement for 13 years with China’s CNOOC for gas to be produced from its gas field offshore Mozambique.

Mitch Ingram, Anadarko Executive Vice President, International, Deepwater & Exploration said: “We are pleased to announce this SPA with CNOOC, an important global energy player in one of the biggest and fastest growing LNG markets in the world.

“This deal gives China’s largest LNG importer access to Mozambique LNG’s world-class gas resources, which are strategically located off the East Coast of Africa, and will provide China with a clean source of energy for years to come.”

Anadarko, as operator of the Mozambique LNG project, is set to produce Mozambique’s first onshore LNG development with gas from the Golfinho/Atum field. The project is mooted for two LNG trains with the total nameplate capacity of 12.88 MTPA.

Ingram added: “Mozambique LNG is extremely pleased to have CNOOC onboard as one of our foundation customers. This agreement adds to our growing list of customers in the Asia-Pacific region, demonstrating the excellent progress we are making toward our stated goal of taking a final investment decision during the first half of this year. We expect to announce further SPAs in the near future.”

Anadarko has selected a consortium consisting of TechnipFMC and Van Oord as the preferred tenderer for the engineering, procurement, construction, and installation (EPCI) of the offshore subsea system for its Mozambique LNG project.

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The Petroleum Exploration Society of Australia is a non-profit association of individuals involved in the exploration of oil and gas.

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