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TotalEnergies Launches the Ubeta Gas Development to Supply Nigeria LNG Liquefaction Plant

June 20, 2024 TotalEnergies, operator of OML 58 onshore license in Nigeria with a 40% interest, together with the Nigerian National Petroleum Corporation Ltd (NNPCL, 60%), have taken the Final Investment Decision (FID) for the development of the Ubeta gas field . Located about 80 km northwest of Port Harcourt in Rivers state, the OML 58 license contains two fields currently in production, the Obagi oil field and the Ibewa gas and condensate field. OML58 gas production is processed in the Obite treatment center and supplied to both the Nigerian domestic gas market and to Nigeria LNG (NLNG) plant. Also located in OML58, the Ubeta gas condensate field will be developed with a new 6-well cluster connected to the existing Obite facilities through a 11 km buried pipeline. Production start-up is expected in 2027, with a plateau of 300 million cubic feet per day (about 70,000 barrels of oil equivalent per day including condensates). Gas from Ubeta will be supplied to NLNG, a liquefaction plant...
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Eni announces Final Investment Decision for Mozambique’s Coral North project

2 October 2025 Eni and its partners CNPC, ENH, Kogas, and XRG have reached the Final Investment Decision (FID) to develop the Coral North FLNG project , deepwater offshore Cabo Delgado, north of Mozambique. The signing took place in Maputo today, at the presence of the President of Mozambique Daniel Francisco Chapo, and Eni CEO Claudio Descalzi. The project will put in production the gas volumes from the northern part of Area’s 4 Coral gas reservoir, in the Rovuma basin, through a state-of-the-art floating LNG facility. The project will be implemented by the Joint Venture formed by Eni (50%), CNPC (20%), Kogas (10%), ENH (10%) and ADNOC’s subsidiary XRG (10%). Eni CEO Claudio Descalzi commented: “Coral North project leverages Eni’s unmatched exploration skills, our trademark fast-track and capital disciplined development capabilities, Mozambique’s vast gas resources and its strategic geographic position. With Coral North we will contribute to supply the worldwide growing demand for LNG...
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JGC Joint Venture Awarded EPCIC Contract for Coral North Project in Mozambique

Jun. 08, 2026 JGC Holdings Corporation today announced that its group company, JGC France S.A.S., in partnership with Technip Energies France S.A.S. and Samsung Heavy Industries Co., Ltd. of South Korea, has been awarded a contract to provide engineering, procurement, construction, installation, and commissioning (EPCIC) services for a floating liquefied natural gas (FLNG) project offshore Mozambique developed by Eni and its Partners CNPC, ENH, XRG, and KOGAS. The contract has been awarded by Mozambique Rovuma Venture S.p.A. (MRV) on behalf of the Area 4 Partners. The project, known as the Coral North Project , involves the construction of a new FLNG facility with a production capacity of approximately 3.6 million tonnes per annum. The facility will be installed in the Coral gas field, located about 50 kilometers offshore northern Mozambique. Under the contract, JGC France and Technip Energies, through their joint venture, will be primarily responsible for the engineering and procurem...
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Eni announces the Hull Launch of the Coral North FLNG

16 January 2026 At the presence of the Minister of Natural Resources of the Republic of Mozambique Estevão Pale and Eni’s Chief Operating Officer Global Natural Resources, Guido Brusco, Eni and its partners, China National Petroleum Corporation (CNPC), ENH, KOGAS and XRG announced today in Geoje, South Korea, the hull launch of the Coral North FLNG , fully in line with the project schedule. Coral North will be the second state-of-the-art floating LNG facility to be deployed in the Rovuma Basin waters, offshore Cabo Delgado, north of Mozambique, and will bring to production the gas from the northern part of Coral gas reservoir. Building on the knowledge and experience gained since Coral South began production in 2022, Coral North is designed to deliver enhanced efficiency and optimized performances, reducing costs and minimizing execution risks with the goal of completing the project on schedule by 2028. With a 3.6 MTPA liquefaction capacity, Coral North will double Mozambique’s total ...
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Wison New Energies Holds the Keel Laying Ceremony for the Genting FLNG Project

February 18, 2025 Nantong, China – Wison New Energies held the Keel Laying Ceremony for the Genting FLNG Project at its Nantong Yard, marking the official entry of Indonesia's first FLNG facility into the core construction phase. Tan Sri Lim Kok Thay, Chairman and Chief Executive of Genting Berhad ("Genting")；Dato'Sri Tan Kong Han, President & Chief Operating Officer and Executive Director of Genting Berhad, together with other directors of Genting Berhad；Ms. Yi Gaojie, Operations Director of Bureau Veritas M&O China；Mr. Liu Hongjun, Chairman of Wison New Energies ("WNE"), and Ms. Cheng Yuanyun, CEO of Wison New Energies attended the ceremony. At the ceremony, Tan Sri Lim Kok Thay and Mr. Liu Hongjun jointly installed the steel plate on the keel and offered their best wishes for Genting FLNG Project. In June 2024, Wison New Energies and Genting's two subsidiaries, Genting Oil & Gas Sdn Bhd and PT Layar Nusantara Gas, entered into an EPCIC (E...
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Southern Energy SA – Final Investment Decision

2 May 2025 Harbour and its partners – Pan American Energy, YPF, Pampa Energia and Golar LNG – have taken Final Investment Decision (FID) for the Southern Energy floating liquefied natural gas (FLNG) export project in Argentina.  Harbour has a 15% interest in the project which envisages deploying two of Golar LNG’s FLNG vessels – the Hilli Episeyo and MK II – off the coast of the Rio Negro province. The project is expected to have processing and export capacity of c.6 million tonnes per year of LNG, equivalent to 27 million cubic metres per day (or 1.0 billion cubic feet per day) of natural gas.  The Southern Energy partners are targeting production start-up from the Hili Episeyo around year-end 2027 with the MK II expected to commence operations end 2028. Harbour’s capex requirement to the point of commercial operations is expected to be c.$100 million.  Under the recently enacted legislation, the ‘RIGI’ (Régimen de Incentivo para Grandes Inversiones), Southern Energy ha...
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Sempra Infrastructure’s ECA LNG Phase 1 Exports First LNG Cargo from Mexico’s Pacific Coast

July 8, 2026 Sempra Infrastructure, a subsidiary of Sempra (NYSE: SRE), today announced that the ECA LNG Phase 1 project in Ensenada, Mexico, has safely and successfully loaded and shipped its first cargo of liquefied natural gas (LNG), an important milestone toward full commercial operations. “At a time of increased uncertainty in the global LNG trade, we are excited to begin shipping a new and reliable source of natural gas from North America’s Pacific Coast to customers around the globe,” said Justin Bird, chief executive officer of Sempra Infrastructure. “This achievement underscores the exceptional talent of the entire ECA LNG Phase 1 team and our company’s steadfast commitment to safe and strong project execution.” “The start-up of ECA LNG, whose strategic location provides privileged access to Asian markets, strengthens the quality of our integrated LNG portfolio in North America. TotalEnergies is pleased to contribute to the project’s ramp-up by exporting its first LNG cargoes...
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