Expro Group Holdings NV has secured a long-term production solutions contract with Eni Congo SA, an Eni SpA subsidiary, for an LNG pre-treatment facility in Congo.
Expro’s 10-year contract, first disclosed on the company’s third-quarter 2022 conference call, is expected to generated more than $300 million for the company, Expro said in a Jan. 25 news release.
Expro will design, construct, operate and maintain a fast-track onshore LNG pre-treatment facility (OPT), part of the Marine XII development offshore Congo. The facility will be built near to the Litchendjili gas plant, which supplies gas to the adjacent Centrale Electrique du Congo (CEC) Pointe-Noire Power Plant. The facility will significantly increase the production of LNG from the West Africa area.
The facility is designed to allow incremental gas production for low carbon electricity generation. It will link to Eni Congo’s offshore floating LNG operations, supporting both the local energy market and increased global demands for LNG to support secure energy supplies.
The OPT facility is designed to process approximately 80 MMcf/d.
Colin Mackenzie, Expro’s regional vice president for Europe and Sub-Saharan Africa, said the company’s “expertise in designing, engineering, delivering, building, operating and maintaining modular production plants on a fast-track basis is a recognized market differentiator and will further strengthen our presence in the region.”
Recommended Reading
Brett: Oil M&A Outlook is Strong, Even With Bifurcation in Valuations
2024-04-18 - Valuations across major basins are experiencing a very divergent bifurcation as value rushes back toward high-quality undeveloped properties.
Marketed: BKV Chelsea 214 Well Package in Marcellus Shale
2024-04-18 - BKV Chelsea has retained EnergyNet for the sale of a 214 non-operated well package in Bradford, Lycoming, Sullivan, Susquehanna, Tioga and Wyoming counties, Pennsylvania.
Defeating the ‘Four Horseman’ of Flow Assurance
2024-04-18 - Service companies combine processes and techniques to mitigate the impact of paraffin, asphaltenes, hydrates and scale on production — and keep the cash flowing.
Santos’ Pikka Phase 1 in Alaska to Deliver First Oil by 2026
2024-04-18 - Australia's Santos expects first oil to flow from the 80,000 bbl/d Pikka Phase 1 project in Alaska by 2026, diversifying Santos' portfolio and reducing geographic concentration risk.
Ozark Gas Transmission’s Pipeline Supply Access Project in Service
2024-04-18 - Black Bear Transmission’s subsidiary Ozark Gas Transmission placed its supply access project in service on April 8, providing increased gas supply reliability for Ozark shippers.