Categories
Mozambique

2024 – Rovuma area 1 flow projected

Start date: 2023
Location: Mozambique

Total’s press release of 30th september 2019 (that announced the closure of its acquisition of Anadarko’s 26.5% interest in area 1 of Rovuma for US$3.9 billion) stated that final investment decision for the project had been achieved 2019-06-18 and that first flow was projected to be in 2024. (Source: company published data, accessed: 2020-01-02).

The project shareholders are: Total 26.5%  (operator), Mitsui E&P Mozambique Area 1 Limited 20%, Empresa Nacional de Hidrocarbonetos, E.P.  (ENH) 15%, BPRL Ventures Mozambique B.V. 10 %, Beas Rovuma Energy Mozambique Limited 10 %, ONGC Videsh Limited 10 %, and, PTTEP Mozambique Area 1 Limited 8.5 %. (source: government data, accessed 2020-01-02).

Categories
Exploration Russia

Sep 2019 – FID signed Artic LNG 2

Start date: 2023
Location: Ultrenneye field

First gas projected from first train in 2023 of 6.6 mtpa. Trains 2 and 3 of comparable size to come on line in 2024 bringing potential supply to 19.8 mtpa.

The ownership structure for the project is 60% Novatek, 10% Total, 10% CNPC, 10% CNOOC, and, 10% by a consortium of Mitsui and Jogmec.