The partnership with Mozambique

Focus on

Coral South

Mozambique: project started just 3 years after the final drilling of the final exploration well.

The Coral South project, in terms of size, quality of resources and geographical position, will transform Mozambique’s economy and is another important result for the operational capacities of our company. On June 1, 2017, the construction phase of the project began just three years since the drilling of the final test well – this in a country that has only recently entered the global gas market. In December 2017, we completed the sale to ExxonMobil of 25 per cent of Area 4 in Mozambique. We will continue to lead the Coral South Floating LNG project and all upstream operations, while ExxonMobil will oversee the construction and operation of all future natural-gas liquefaction plants.

Our ambition to become a global integrated gas and LNG player is based on working alongside key partners such as Mozambique. The Coral South Project will deliver a reliable source of energy while contributing to Mozambique’s economic development. This partnership approach with our hosting countries is the foundation on which our joint sustainable growth strategy is built.

CLAUDIO DESCALZI

Eni’s sustainability projects around the world involve the local communities and improve their living conditions. There is health care for expectant mothers. There are schools for the children. There is professional training for those seeking work. These are just five little stories about how Eni’s presence in northern Mozambique is changing everyday life for whole communities. Powering Mozambique is a wonderful film made in collaboration with Maputo’s Anima Team studio and showcasing the colours and light of Africa. It is the first in a series of videos on Eni’s activities throughout the world. 

How we work

The road towards development

We operate in Mozambique, principally in the Exploration & Production sector with the support of proprietary e-dva™ seismic processing technology. In line with the so-called “Mattei formula”, a medium to long-term programme has been defined to support local communities and, consistent with the principles of the UN Guide for Business and Human Rights, with the support of the Danish Institute for human rights, an assessment has been carried out of possible impacts on human rights of the planned gas development projects in the country.

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Protecting infants

ENI FOUNDATION

Protecting infants

In Mozambique, the Foundation supports the efforts of the country’s authorities in reducing neonatal, infant and maternal mortality in the Palma district by increasing the quality of and access to maternal and child health services.

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video

Eni supported the tour of Il Teatro Fa Bene, a theatre and health information project for Mozambique, created and supported by the Eni Foundation and coordinated by Jacopo Fo and Bruno Patierno (the video is available only in Italian version).

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THE PROJECT

THE PROJECT

Approval for the Coral plan

Eni's Board of Directors has authorized the investment for the first phase of the development of the Coral discovery (Coral South project), located in the deep waters of the Rovuma Basin (Area 4), offshore Mozambique. The project involves the construction of 6 subsea wells connected to a floating production facility FLNG (Floating Liquefied Natural Gas), with a liquefaction capacity of over 3.3 million tons of liquefied natural gas (LNG) per year, equivalent to approximately 5 billion cubic meters. 

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Numbers

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