At the center of the project, Coral Sul FLNG: a floating plant for the liquefaction of natural gas. The ship is 432 meters long and weighs 200 thousand tons. It also has a gas liquefaction capacity of 3.4 million tons per year and will produce LNG from the 500 billion cubic meters of gas from the Coral field. This historic project will help increase the availability of gas on the global market and is an important lever of Mozambique economic and social development.
North Safa is an active conventional oil field situated in shallow waters off the coast of Egypt. Specifically located in the Northeast Ramadan Concession block, the field operates at a water depth of 217 feet. Anticipated to reach peak production by 2026, North Safa’s oil extraction will persist until it reaches its economic limit in 2041, as per economic projections.
The Offshore Cape Three Points (OCTP) project is a comprehensive endeavor focused on developing oil and natural gas reserves, specifically to meet the energy needs of Sub-Saharan Africa. Positioned off Ghana’s western coast, OCTP operates subsea wells and systems linked to the John Agyekum Kufuor Floating Production Storage and Offloading (FPSO) unit. In 2020, OCTP contributed over half of Ghana’s gas supply for thermal power generation.