As part of the project for a volume
currently equal to about US$6bn, Saipem will operate as the leader of CCSJV
s.c.a.r.l. (CCS JV), the joint venture incorporated in Italy to carry out the
project.
The LNG project consists of the
construction of two LNG trains, with a total nameplate capacity of 12.88
million tonnes per annum (mtpa), as well as all necessary associated
infrastructures, storage tanks and export jetty facilities.
The EPC contract is subject to a full
notice to proceed with which Anadarko is expected to issue after the final investment
decision (FID).
Stefano
Cao, Saipem’s CEO,
said, “After many years of dedication to this project,
we are very happy to announce that we have reached a full agreement for the
contract. We congratulate Anadarko and its co-venturers for the achievement and
grateful for the confidence demonstrated toward our CCS JV. We look forward to
mobilising our teams to site after Anadarko issues notice to proceed following
the FID.
“With this project, we will
strengthen our presence in East Africa, confirming Saipem’s role among the
leaders in the LNG market for the energy transition. A project of such a scale
will contribute significantly to the economic growth of Mozambique as a new
pole in the west-east energy routes and, as Saipem, we are proud of our substantial
contribute to these future developments.”
The contract was executed by Anadarko
Moçambique Area 1, Lda, a wholly-owned subsidiary of Anadarko Petroleum
Corporation, which operates Offshore Area 1 and acts as the front runner of a
venture including other leaders in the energy sector, such as ENH Rovuma Área
Um, S.A, Mitsui E&P Mozambique Area1 Ltd, ONGC Videsh Ltd, Beas Rovuma
Energy Mozambique Limited, BPRL Ventures Mozambique B.V. And PTTEP Area 1 of
Mozambique Limited. (Oil Review Africa)
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