Maputo, 9 Jun (AIM) – The Japanese multinational JGC Holdings Corporation – through its group company JGC France, in partnership with Technip Energies France, and Samsung Heavy Industries of South Korea – has been awarded a contract to provide engineering, procurement, construction, installation, and commissioning (EPCIC) services in the Coral Norte Liquefied Natural Gas (LNG) project, located in Area Four of the Rovuma Basin, off the coast of the northern province of Cabo Delgado.
The project in question is operated by Mozambique Rovuma Venture (MRV), a joint venture owned by the American ExxonMobil, the Italian energy company ENI, and CNPC of China. It is also part of the venture Mozambique’s own National Hydrocarbon Company (ENH), Kogas of South Korea and XRG.
The project involves the construction of a new FLNG facility with a production capacity of approximately 3.6 million tonnes per annum. The facility will be installed in the Coral gas field, located about 50 kilometers offshore northern Mozambique.
“Under the contract, JGC France and Technip Energies, through their joint venture, will be primarily responsible for the engineering and procurement of the FLNG topside facilities as well as overall project management. Samsung Heavy Industries will undertake the engineering, procurement and construction of the FLNG hull and the fabrication of the topside modules”, reads a statement.
According to the document, the total contract value is below 5 billion dollars, of which JGC Group’s share is above 1 billion dollars. “The contract is structured as a lump-sum turnkey agreement and the start of LNG production is scheduled for 2028”, adds the note.
The Coral Norte Project represents the second FLNG development in Mozambique, following the Coral Sul Project. In that earlier project, JGC Group, Technip Group and Samsung Heavy Industries jointly executed the EPCIC works, achieving first LNG cargo in 2022 and currently producing with outstanding operating performances.
“Through these successive projects, the three companies have established a strong track record and trusted partnership with Area 4 Partners. JGC Group has built a leading position in the FLNG sector, having participated in multiple projects worldwide, including FLNG developments for PETRONAS in Malaysia”, reads the document.
In addition to its offshore LNG portfolio, JGC Group is actively engaged in major onshore LNG projects, including the Ruwais LNG project in the United Arab Emirates, as well as Front End Engineering Design (FEED) work for projects in Canada, Mozambique and Indonesia.
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