By Stuart Radnedge2012-12-28T10:30:00+00:00
Anadarko Petroleum Corporation has announced advancement of the Mozambique LNG project after it reached an agreement a coordinated agreement for constructing a LNG park in the Cabo Delgado Province of the country.
“Reaching an HOA with Eni is a significant step that preserves the project timeline,” said Anadarko President, and CEO, Al Walker. “We expect the HOA to lead to a unitisation agreement to further facilitate the efficient development of the common resources, as well as the independent reservoirs on both blocks, enabling enhanced economies of scale through shared infrastructure and facilities.”
“Our commercial and technical teams have proven the ability to work collaboratively through these discussions, as we work alongside the Mozambican government toward a shared target of first LNG cargoes in 2018.”
In addition, multiple FEED contracts have been awarded for both onshore LNG construction and offshore installation.
“We are very pleased to also announce the awarding of multiple FEED contracts advancing the onshore and offshore components of this LNG project in northern Mozambique,” continued Walker.
“Awarding FEED is an important event for Mozambique, as it marks a significant milestone in the development cycle of this project. We are pleased with the alignment of our co-venturers and grateful for the support of ENH and the government of Mozambique in moving this world-scale project forward.”
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