Apr.28.2020
         

Mota-Engil, Besix score Mozambique LNG deal

A partnership consisting of Portugal’s Mota-Engil and Besix of Belgium has secured a contract for the Total-led $20 billion Mozambique LNG export project.

Under the deal, the 50/50 partnership will build a pier bridge and an offloading facility for about $365 million, according to a Mota-Engil statement.

The deal has been awarded by Mozambique LNG plant main contractor CCS JV, a joint venture compromising of McDermott, Saipem and Chiyoda.

Mota-Engil says the works will last 32 months, starting in the first half of 2020.

Mozambique LNG was sanctioned in June 2019 by Anadarko and its co-venturers in Area 1 offshore development.

Total acquired Anadarko’s 26.5 percent interest in the LNG project in September last year for $3.9 billion.

The project will initially consist of two LNG trains in Cabo Delgado with a capacity of 12.88 million tonnes per year to support the development of the Golfinho/Atum fields located entirely within Area 1.

Area 1 contains more than 60 trillion cubic feet of gas resources, of which 18 Tcf will be developed with the first two trains.

Total said previously that it expected production to begin by 2024.
The post Mota-Engil, Besix score Mozambique LNG deal appeared first on Offshore Energy.
Source: LNG World News