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bp begins shipping LNG from Mozambique’s first LNG project and first FLNG platform

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bp has successfully loaded the first LNG cargo from Mozambique’s offshore Coral Sul FLNG (floating liquefied natural gas) facility, the country’s first LNG project and first floating LNG facility deployed in the ultra-deep waters of the African continent. FLNG vessels are floating LNG production, storage and offloading units.

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ExxonMobil adds 2.7B barrels oil equivalent to reserves; replaces 183% of 2017 production

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billion oil-equivalent barrels of proved oil and gas reserves in 2017, replacing 183% of production. Liquids represented 57% of the reserves, up from 53% in 2016. In Mozambique, ExxonMobil acquired a 25% indirect interest in Area 4, which contains an estimated 85 trillion gross cubic feet of natural gas in-place.

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Eni reports important new discovery offshore Congo

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The exploration well, Nene Marine 3, was drilled in a water depth of 28 meters (92 feet) and encountered a significant wet gas and light oil accumulation in the pre-salt clastic sequence, outlining a significant extension to the west of the reservoir and its hydraulic continuity. billion barrels of oil equivalent in place.

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