Mozambique Oil & Gas: Anadarko, Eni sign maritime terminal concession contracts in Maputo

LNG Maritime Concessions signed

From Left to Right: Anadarko Country Manager, John Bretz, Mineral Resources Minister Leticia Klemens and Fabio Castiglion – Eni Country Manager (image courtesy of Anadarko)

US-based group Anadarko Petroleum and Italian ENI have signed with the Mozambican government on Thursday the maritime concessions contracts for the construction of the LNG maritime terminal and facilities for materials discharge on the Afungi peninsula, according to the press Mozambican. Continue reading

Mozambique Oil & Gas: ENI awaits Govt approval to pay capital gains on ExxonMobil deal

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Eni reached deal with Exxon on Mozambique Gas Project

The payment of US$350 million in capital gains tax by Italian group ENI is expected to be made by November, and the group is now waiting for the deal with US group ExxonMobil to be approved by the Mozambican government, Anibal Mbalango, Mining Industry Coordinator at the Mozambique Tax Authority (TA) has said. Continue reading

Mozambique Oil & Gas: Coral South FLNG contract goes to Air Products

 

Air-Products-CFO-Steps-Down-USA.jpg

The company said in a statement it won the contract from TP JGC Coral France that is building the FLNG

US-based LNG equipment maker Air Products has secured a contract for Eni’s multi-billion Coral South FLNG project, Mozambique’s first offshore field development. Continue reading

Global Oil & Gas: Eni swings to profit as production grows

 

Enibuildings

Eni swings to profit as production grows

Italian energy giant and LNG player Eni on Friday reported a net profit of €18 million ($21 million) for the second quarter of 2017, compared to a €446 million loss in the corresponding period last year.  Continue reading

Global Oil & Gas: Eni establishes an Advisory Board of international energy experts

ENI CEO Claudio Descalzi-speak-3-652x366

ENI CEO Claudio Descalzi

Eni’s Board of Directors has established an Advisory Board, following the decision of April 13.The Advisory Board will analyse the main geopolitical, technological and economic trends, including issues related to the decarbonisation process for the Board and Eni’s CEO. Continue reading

Mozambique Oil & Gas: GE lands Coral FLNG contract

GENERAL ELECTRICS

Image courtesy of GE

Italian Eni has awarded US-based GE Oil & Gas two five-year contracts for subsea production systems, equipment and services for the Coral South floating LNG project offshore Mozambique, GE said June 27. Continue reading