Portuguese oil and gas company GALP Energia sells 10 percent stake in Mozambique LNG to ADNOC of UAE
GALP Energia, the Portuguese oil and gas company, has agreed to cash in its 10 percent stake in the Area 4 concession in the Rovuma Basin of Mozambique operated by Italy’s Eni by selling it to Abu Dhabi National Oil Company (ADNOC), the main energy operator in the United Arab Emirates.
Coral South LNG
Dec 24 (LNGJ) - The “Coral-Sul FLNG” vessel, the floating LNG hull to be deployed in Mozambique in southeast Africa, is scheduled to arrive on January 5, 2022, in the offshore Rovuma Basin from the Samsung Heavy Industries shipyard in Geoje in South Korea, according to shipping data. The vessel is shown currently off the Indian Ocean island nation of Mauritius.
Italian energy company Eni is the operator of the Mozambique Rovuma Basin Area 4 licence. The other partners are ExxonMobil Corp., China National Petroleum Corp., Galp of Portugal, Korea Gas Corp. and Mozambique’s Empresa Nacional de Hidrocarbonetos (ENH), the state energy company.
