The Coral Norte FLNG Project is located offshore Mozambique’s Cabo Delgado province in the Area 4 concession of the gas-rich Rovuma Basin. It will produce LNG from the Coral Norte FLNG vessel, designed with a liquefaction capacity of 3.5 million tonnes per year (tpy) and expected to begin operations in 2028.
The Ghana National Petroleum Corporation (GNPC) has hosted its maiden Vendor Engagement Seminar, reaffirming its commitment to strengthening local content and participation in Ghana’s oil and gas industry.
Eni has signed an exploration contract with Côte d’Ivoire’s Ministry of Mines, Petroleum and Renewable Energies for the CI-707 offshore block in the Abidjan basin, the company announced on Wednesday.
Rhino Resources Namibia Ltd. has confirmed a significant gas condensate discovery at the Volans-1X exploration well in Block 2914A, offshore Namibia’s Orange basin. The find represents the company’s third consecutive hydrocarbon discovery on Petroleum Exploration License 85 (PEL 85), where Rhino holds a 42.5% operating interest.
“Five years in advance, the new contract guarantees the company the possibility of bringing forward investments of around BRL 6 billion until 2029, speeding up improvements to the electricity system and benefiting more than four million customers throughout the state”.
“Investing now in solar, wind, hydro, and geothermal power is not just a moral and development imperative; it is also a strategic choice that strengthens supply chains, creates up to 38 million green jobs by 2030, and makes energy systems more resilient”, the Commission said.
The Ghana Upstream Petroleum Chamber is a non-profit upstream petroleum organisation which aims to achieve long term success of the upstream petroleum industry in Ghana.