Smit Lamnalco, a 50% associated company of Royal Boskalis Westminster, has secured a contract worth around $200m to provide marine services for the Coral floating liquefied natural gas (FLNG) project in Mozambique.
The FLNG terminal will be around 80km offshore Palma Bay and operate in a water depth of 2,000m.
The 10-year deal with further extension options marks the first terminal services contract award for the Mozambique offshore LNG developments.
For the delivery of its services Smit Lamnalco will deploy three fit for purpose 95TBP offshore new build tugs to provide escort, berthing and un-berthing of LNG Carriers to the FLNG facility. A fourth new build OSV will be utilized to provide logistical and marine services support.
The project’s first phase of development includes 5 trillion cubic feet of gas in the Coral discovery, located in the Area 4 permit.
The plan of development, which is the very first one to be approved in the Rovuma Basin, foresees the drilling and completion of six subsea wells and the construction and installation of a technologically advanced Floating LNG facility, the capacity of which will be about 3.4 MTPA.
Source: NSEnergybusiness.com
