Kosmos on Track for Mauritania, Senegal Deal
Kosmos Energy anticipates that, by the end of the year, it will have agreed to sell down its stake in projects off the coast of Mauritania and Senegal in which it partners with BP, the company said in its 2Q 2019 report released 5 August.
In December, BP and its partners sanctioned the development of the Greater Tortue Ahmeyim gas project off the coast of Mauritania and Senegal, a first for the West African nations. Kosmos has a 30% stake in Senegal and 28% in Mauritania. In May, it said it had received interest in the projects leading to a formal process to reduce its interest to 10% in the region.
Kosmos said in its report that the Greater Tortue Ahmeyim project remains on track with progress being made across all Phase 1 project areas including subsea, an FLNG vessel, HUB terminal, and an FPSO. Pre-FEED work is ongoing for Phases 2 and 3. Kosmos said these phases are expected to expand the hub’s capacity to nearly 10 mtpa of LNG for export. The project is scheduled to deliver first gas in the first half of 2022.
The Tortue FLNG vessel will produce 2.5 mpta of LNG, and the field holds approximately 15 Tcf in total gas resources. Last month, BP announced that it had encountered an additional 30 m of net gas pay.
Other partners in the project include SMPHM and Petrosen. Following the FID, BP has awarded several contracts, including an EPCIC of the FPSO to TechnipFMC and a SURF and SPS deal to McDermott and Baker Hughes, a GE company.
First Kenyan Oil Exports Heading To ChemChina
Seven years after discovering commercial reserves in the northern part of the country, the Kenyan government and a group led by Tullow have accepted a bid from the Chinese trading company to purchase its first shipments of crude.
Shenzhen Gas Set to Open New LNG Terminal
The launch will make Shenzhen Gas the second Chinese city gas distributor backed by a local government to own an LNG import facility, following Shenergy Group’s Shanghai import terminal. Eni is set to deliver an initial cargo to the facility.
Equinor Gets Green Light To Start Up Utgard
The Norwegian Petroleum Directorate has given clearance to start up facilities at the North Sea field, which straddles the line between the UK and Norwegian sectors. Production is set to begin in September.
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06 August 2019
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