Technip Energies: Eni’s Coral FLNG on track to leave yard by year-end

French engineer Technip Energies says Eni’s Coral Sul FLNG is on track to leave Samsung Heavy Industries’ Geoje yard in South Korea by the end of this year.

Technip Energies confirmed this in its first-half report released last week.

“Coral FLNG for Eni is progressing with advances at the yard as well as offshore Mozambique in preparation for the deployment of the mooring system,” Arnaud Pieton, CEO of Technip Energies, told analysts during a conference call on Thursday.

“As recently confirmed by our customer, project start-up is on track for 2022,” Pieton said.

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

To remind, the South Korean yard lifted the flare boom in December but after this, the project also completed installing the turret mooring system.

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

Moreover, the 3.4 mtpa FLNG will receive fuel from the Coral gas field in the Area 4 of the Rovuma Basin.

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. The field has about 16 Tcf of gas in place.

Most Popular

Atlantic LNG shipping rates, European prices down

Atlantic LNG freight shipping rates and European prices decreased this week compared to the week before.

Glenfarne becomes majority owner of Alaska LNG

US energy firm Glenfarne has signed definitive agreements with state-owned Alaska Gasline Development Corporation to become the majority owner of the giant Alaska LNG export project.

Petronas to supply LNG to PetroVietnam Gas

Malaysian energy giant Petronas will supply liquefied natural gas (LNG) to PetroVietnam Gas, a unit of state-owned PetroVietnam, next month. The two firms will also look into the possibility of signing long-term LNG contracts.

More News Like This

Adnoc’s XRG wraps up Mozambique deal

Adnoc's investment unit XRG has completed the purchase of Galp’s 10 percent interest in the Area 4 concession of the Rovuma basin in Mozambique, which includes Eni’s Coral South FLNG project.

Vitol to buy stake in Eni’s Congo LNG project

Geneva-based energy trader Vitol has agreed to buy a stake in Eni's Congo LNG project as part of a...

Wan Hai Lines to switch methanol containership order to LNG fuel

Taiwan's Wan Hai Lines is working on switching an order placed in South Korea last year for eight methanol-powered containerships to LNG fuel, according to shipbuilding sources.

Eni’s 2024 LNG sales climb

Italian energy firm Eni boosted its liquefied natural gas (LNG) sales in 2024, mainly due to the launch of its Congo FLNG project.