Coral South was the first project for developing and producing key gas resources we discovered in Area 4 of the Rovuma Basin, off the coast of Mozambique.
Coral South was the first project approved by our Area 4 partners for developing gas resources discovered in the Rovuma Basin, off Mozambique’s coast. The project involves producing and selling gas from the southern part of the Coral field, using a floating plant for liquefying natural gas (LNG) with a capacity of 3.4 million tonnes. In 2016, we signed an agreement to sell 100 per cent of LNG production to British Petroleum (BP), and on 1 June 2017, we embarked on the start-up phase of the project, just three years after drilling the last test well. The liquefied gas is sold by us and other Area 4 concessionaires (including CNPC, Galp, Kogas, the Mozambican state company ENH and Exxon Mobil through its operator Mozambique Rovuma Venture S.p.A.) to BP, under a 20-year contract with an optional 10-year extension.
Wells finished at Coral Sul floatin
September: drilling and completion activities begin in six subsea wells at Coral Sul FLNG
July: assembly of the hull for Coral Sul FLNG begins
First components of Coral Sul FLNG
Construction begins on the main components of the FLNG unit
We regard safety at work as a core value – one we share with employees, contractors and local communities. That is why we do everything we can to avoid accidents, using organisational models to assess and manage risks, implementing training, developing expertise and promoting a culture of safety.
A floating unit for liquefying and exporting gas – and a real technological jewel – Coral Sul FLNG will be the first such on the African continent and the third in the world. Coral Sul FLNG will be 432 m long and 66 m wide, and weigh about 220,000 tonnes overall. The accommodation module will have eight floors with room for 350 people. It will be anchored about 2,000 m deep, with the help of 20 lines weighing 9,000 tonnes combined. Construction of the main components began in 2018. In March of that year, the tower for anchoring the unit was completed and in September, the hull – which is made up of 24 modules, containing storage tanks for the LNG – and part of the treatment plants were finished. In November, the topside (made up of 12 modules for treating gas and producing LNG) and the accommodation module were finished. Coral Sul will have a capacity of about 3.4 million tonnes per year of LNG, fed by six subsea wells, and start-up is expected in 2022. Construction is taking place in seven working centres around the world and overall progress on the project is expected to be more than 60 per cent complete by the end of 2019 – the result of 10 million hours of work. In September 2019, we began drilling and completing six subsea wells for feeding the liquefaction units. They will have an average depth of about 3,000 m and be drilled about 2,000 m under water.
The Coral South project involves us in local development, far wider than just the oil and gas sector. We have provided specialist training for more than 800 Mozambican workers, who will be employed in the project's operational phase. We are also committed to a huge programme of work for local communities, to improve their access to basic services such as education, clean water and health care, and support long-term, diversified, sustainable socio-economic growth.
Eni has never conducted oil and gas exploration and development activities within the boundaries of natural sites included on the UNESCO World Heritage List. In May 2019, we formally committed never to do so and officially instated a biodiversity and ecosystem services (BES) policy as part of our transformation journey. We are committed to long-term investment – looking beyond short-term profit to find ways to help create a more sustainable planet – as recognised in our new company mission, which is in turn inspired by the UN’s Sustainable Development Goals.
Results so far
Some highlights of our successful activity so far:
220,000
tonnes
total weight of Coral Sul FLNG
6
wells linked to the FLNG production unit
450 bln
m³
capacity of the Coral field
800
Mozambicans employed by us during the operational phase
3.4
mln tonnes
capacity for liquefaction of natur
Press releases
Keep up to date with the latest news about our work in the country and our projects in the region.
This website uses cookies to show you adverts and offer you services customised according to the preferences you have shown while browsing online. For further information please refer to our cookie policy.
Disclaimer
THIS WEBSITE (AND THE INFORMATION CONTAINED HEREIN) DOES NOT CONTAIN OR CONSTITUTE AN OFFER OF SECURITIES FOR SALE, OR SOLICITATION OF AN OFFER TO PURCHASE SECURITIES OR IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES (INCLUDING ITS TERRITORIES AND POSSESSIONS, ANY STATE OF THE UNITED STATES AND THE DISTRICT OF COLUMBIA) OR FOR THE ACCOUNT OR BENEFIT OF ANY U.S. PERSON AS THAT TERM IS DEFINED IN THE SECURITIES ACT (A "U.S. PERSON"), AUSTRALIA, CANADA, JAPAN OR SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE SUCH AN OFFER OR SOLICITATION WOULD REQUIRE THE APPROVAL OF LOCAL AUTHORITIES OR OTHERWISE BE UNLAWFUL (THE "OTHER COUNTRIES"). THE SECURITIES REFERRED TO HEREIN HAVE NOT BEEN AND WILL NOT BE REGISTERED UNDER THE U.S. SECURITIES ACT OF 1933, AS AMENDED (THE "SECURITIES ACT"), OR PURSUANT TO THE CORRESPONDING REGULATIONS IN FORCE IN AUSTRALIA, CANADA, JAPAN, SOUTH AFRICA OR THE “OTHER COUNTRIES” AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES OR TO A U.S. PERSON UNLESS THE SECURITIES ARE REGISTERED UNDER THE SECURITIES ACT, OR AN EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT IS AVAILABLE. NO PUBLIC OFFERING OF SUCH SECURITIES IS INTENDED TO BE MADE IN THE UNITED STATES, AUSTRALIA, CANADA, JAPAN OR IN THE “OTHER COUNTRIES.”
In any Member State of the European Economic Area ("EEA"), the information contained in this website is only directed at and may only be communicated to persons who are "qualified investors" ("Qualified Investors") within the meaning of Article 2(e) of Regulation (EU) 2017/1129 (the "Prospectus Regulation").
The information to which this website gives access is directed only at persons (i) who are persons falling within Article 49(2)(a) to (d) ("high net worth companies, unincorporated associations etc.") of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "Order") or (ii) who have professional experience in matters relating to investments falling within Article 19(5) of the Order or (iii) to whom it may otherwise lawfully be communicated (all such persons together being referred to as "relevant persons"). Any investment or investment activity to which this communication relates is only available to relevant persons and will be engaged in only with relevant persons, or in the EEA, with Qualified Investors. Any person who is not a relevant person, a Qualified Investor or otherwise permitted under applicable law or regulation to access the information, should not act or rely on the information contained herein.
Confirmation of Understanding and Acceptance of Disclaimer
These materials are for informational purposes only and are not directed to, nor are they intended for, access by persons located or resident in the United States, Australia, Canada, Japan or South Africa or any of the Other Countries. I certify that:
I am not resident of, or located in, the United States, Australia, Canada, Japan or South Africa or any of the Other Countries or I am not a U.S. Person; or
If I am a resident of, or located in, the EEA, I am a Qualified Investor within the meaning of Article 2(e) of the Prospectus Regulation; or
If I am a resident of, or located in, the United Kingdom, I am a Qualified Investor and a relevant person.
I have read and understood the disclaimer set out above. I understand that it may affect my rights. I agree to be bound by its terms and I am permitted under applicable law and regulations to proceed to the following parts of this website.
WARNING: the above certification constitutes a "self-certification" pursuant to Decree of the President of the Italian Republic No. 445 of 28 December 2000. False certifications are punishable by law.
