Eni’s Coral FLNG to leave SHI’s yard in Korea

Eni’s Coral Sul FLNG is expected to leave Samsung Heavy Industries’ Geoje yard in South Korea soon in order to start work offshore Mozambique in the second half of next year.

LNG Prime understands that the 3.4 mtpa floating LNG producer is ready to leave the yard and start its journey to Mozambique.

Alessandro Puliti, Eni’s COO, natural resources told analysts during a recent earnings conference call that “Coral floating LNG will start up in the second half of next year, 2022.”

“And I would say, there will be 3.4 million tons per year of LNG that will enter in the market really at the right time,” he said.

Also, French engineer Technip Energies said earlier this year that the Coral Sul FLNG would leave SHI’s Geoje yard in South Korea by the end of this year.

The TJS consortium, consisting of Technip Energies, JGC Corp, and Samsung, is building the floating LNG producer for Eni.

Eni’s Coral FLNG to leave SHI's yard in Korea
Image: Eni

To remind, SHI lifted the flare boom in December 2020 and also completed installing the turret mooring system in March this year.

The unit is 432 meters long and 66 meters wide and weighs about 220,000 tons.

Following arrival offshore Mozambique, the FLNG will receive fuel from the Coral gas field in the Area 4 of the Rovuma Basin. BP will buy all of the LNG produced at the unit as part of a long-term deal.

Eni Rovuma Basin operates the Coral Sul (South) project on behalf of the Area 4 partners.

These include Mozambique Rovuma Venture, a firm owned by Eni, ExxonMobil and CNPC, Galp, Kogas and Empresa Nacional de Hidrocarbonetos.

The project is based on six ultra-deepwater wells in the Coral field, at a water depth of around 2,000 meters.

Eni discovered the field back in May 2012 and the field has about 16 Tcf of gas in place.

Most Popular

Monkey Island LNG pens offtake MoU

Houston-based Monkey Island LNG, the developer of a 26 mtpa liquefaction and export facility in Cameron Parish, Louisiana, said it had signed a memorandum of understanding with an unidentified international oil company for the offtake of LNG.

Posco International, Glenfarne ink Alaska LNG pact

US energy firm Glenfarne and Posco International, a unit of South Korean steel producer Posco, have signed a deal to advance a strategic partnership for the development of the Alaska LNG project. This includes initial terms for a long-term heads of agreement for LNG supply.

Hudong-Zhonghua gets approvals for new LNG bunkering vessel

Chinese shipbuilder Hudong-Zhonghua has received approvals from five classification societies for a 25,000-cbm LNG bunkering vessel design it jointly developed with French LNG containment specialist GTT.

More News Like This

YPF CEO expects FIDs on FLNG projects with Eni, Shell in 2026

YPF CEO Horacio Marin confirmed on Wednesday that the state-owned oil and gas company and its partners Eni and Shell expect to take final investment decisions on two stages of the Argentina LNG project in 2026.

Botas pens three-year LNG supply deals with BP, Shell, and Eni

Turkiye’s state-owned natural gas and LNG firm Botas has signed three-year deals to buy LNG from BP, Shell, and Eni.

MOL gets OK for two LNG carrier designs with sails

Japan’s shipping giant MOL has secured approval from classification society Lloyd's Register (LR) for two liquefied natural gas (LNG) carrier designs equipped with four Wind Challenger sails.

Eni, Exmar in arbitration over Tango FLNG performance bonus

Italian energy firm Eni and Belgian gas shipping firm Exmar are in arbitration over a performance bonus related to the operation of the Tango floating LNG facility, which serves Eni's Congo LNG project.