finance
Technip Energies Wins EPCIC Contract for Coral Norte FLNG Project
Technip Energies and partners secured an engineering, procurement, construction, installation and commissioning contract for the Coral Norte floating LNG project offshore Mozambique. The facility will produce 3.6 million tonnes per year of LNG and double the Coral hub's total capacity to 7 million tonnes per year.
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Technip Energies, in partnership with JGC and Samsung Heavy Industries, has been awarded an Engineering, Procurement, Construction, Installation & Commissioning contract by Mozambique Rovuma Venture for the Coral Norte floating LNG project. The contract covers the development of a floating liquefied natural gas facility located offshore Mozambique.
The project is developed by Eni and its partners CNPC, ENH, XRG, and KOGAS.
The Coral Norte facility is designed to produce approximately 3.6 million tonnes per year of LNG. When combined with the existing Coral Sul development, the Coral hub's total capacity will reach 7 million tonnes per year. The new unit is designed as an enhanced replica of Coral Sul, the first development in Mozambique's Area 4 offshore gas block.
The replication approach uses the same feed gas composition and deepwater location to improve execution certainty.
By standardizing the project delivery model, the contractors aim to apply engineering and integration lessons from the earlier development. Mozambique Rovuma Venture stated that the award, together with previously announced contracts, represents a major contract for the company.
The expansion is intended to position Mozambique among Africa's top three LNG producers and strengthen the country's role in the global energy market.
