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Eni and Anadarko to coordinate development of gas reservoirs offshore Mozambique, jointly to develop major onshore LNG facility

Green Car Congress

Eni and Anadarko Petroleum Corporation signed a Heads of Agreement (HOA) establishing foundational principles for the coordinated development of common natural gas reservoirs in the offshore Mozambique. Coventurers include Mitsui E&P Mozambique Area 1, Limited (20%), BPRL Ventures Mozambique B.V. (10%),

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UTM Offshore signs FEED agreement for Nigeria’s first floating liquefied natural gas (FLNG) facility

Green Car Congress

UTM Offshore signed an agreement for the Front-End Engineering Design (FEED) for Nigeria’s first Floating Liquefied Natural Gas (FLNG) facility with engineering firms KBR, JGC Corporation and Technip Energies. The FLNG facility will have a Liquified Natural Gas (LNG) nameplate production capacity of 1.2

Nigeria 186
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ExxonMobil adds 2.7B barrels oil equivalent to reserves; replaces 183% of 2017 production

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Exxon Mobil Corporation added 2.7 billion oil-equivalent barrels of proved oil and gas reserves in 2017, replacing 183% of production. In Mozambique, ExxonMobil acquired a 25% indirect interest in Area 4, which contains an estimated 85 trillion gross cubic feet of natural gas in-place.

2017 186
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Chevron to acquire Anadarko in $33B deal; shale and tight, deepwater, LNG

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Chevron Corporation entered into a definitive agreement with Anadarko Petroleum Corporation to acquire all of the outstanding shares of Anadarko in a stock and cash transaction valued at $33 billion, or $65 per share. LNG – Chevron will gain another world-class resource base in Mozambique to support growing LNG demand.

Chevron 186