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BP and Kosmos Energy on 21 December announced a final investment decision for Phase 1 of the groundbreaking Greater Tortue Ahmeyim gas project. Kosmos said the decision was made with BP and the two state oil companies, Petrosen and Société Mauritanienne des Hydrocarbures et de Patrimoine Minier, following a meeting to agree final elements held in Nouakchott between President Mohamed Ould Abdel Aziz of Mauritania and President Macky Sall of Senegal.

The 2.5m t/yr floating liquefied natural gas (FLNG) facility is expected to be Africa’s third FLNG scheme after Perenco’s project in Cameroon, which started up in March 2018, and Eni’s Coral South scheme offshore Mozambique, which is also aiming for first gas in 2022. A proposed FLNG project for the Fortuna field in Equatorial Guinea is now in doubt after Ophir Energy’s licence expired at year-end.

The Greater Tortue Ahmeyim field is estimated to contain 15tcf of recoverable gas. The project will provide LNG for global export, as well as making gas available for domestic use in both Mauritania and Senegal. First gas for the project is expected in H1 2022. Following a competitive tender process, BP Gas Marketing has been selected as the buyer for the Phase 1 LNG offtake.

On 17 December, Golar LNG Limited said it had received a limited notice to proceed for the provision of a floating liquefaction vessel to be moored on the maritime border between Senegal and Mauritania (AE 383/12). Conversion of the Gimi FLNG vessel will be carried out at Singapore’s Keppel shipyard, building on Keppel’s delivery of the Hilli Episeyo vessel for Perenco in Cameroon, and using Black and Veatch Corporation’s Prico technology.

Kosmos said the parties would continue to obtain final regulatory and contract approvals, then move into a detailed design and construction phase, with awarding of engineering, procurement, construction and installation contracts. Project execution is expected to begin in Q1 2019, and chairman and chief executive Andrew Inglis said the partners were already working on subsequent development phases to expand liquefaction capacity to 10m t/yr. “We also believe there is potential for two additional world-class gas hubs in the region – one near the Bir Allah discovery offshore Mauritania and the other near the Yakaar/Teranga discoveries offshore Senegal. Kosmos looks forward to collaborating with its partners, and the governments and ministries of Mauritania and Senegal, to advance this important work,” he said.

 

Africa Investment Exchange: Gas, 2-3 May, London

AIX: Gas brings upstream and LNG players together with investors, senior officials, and power sector and downstream developers to help form and strengthen partnerships along the African gas value chain.

Co-produced by CbI’s African Energy, the meeting is structured round panel-led sessions and held under the Chatham House Rule to facilitate open discussion.

Now in its fifth year, the programme responds to Africa’s growing gas demand, new discoveries and opportunities to commercialise gas resources shaped by technology, innovative financing structures and significant power demand. Africa’s evolving utility-scale and small-scale LNG market will also feature in the agenda.

Download the agenda

Panellists include:

  • Nii Darko Asante, Director, Technical Regulation, Energy Commission, Ghana
  • Kishan Pillay, Director of Oil & Gas: Industrial Development Division, Department of Trade and Industry, South Africa
  • Tarik Hamane, Executive Director, Moroccan Agency for Sustainable Energy (MASEN)
  • Dafe Akpeneye, Commissioner, Nigerian Electricity Regulatory Commission
  • Benjamin Chilenge, Executive Vice-President for Commercial and Marketing, ENH, Mozambique
  • Eskil Jersing, Chief Executive Officer, Wentworth Resources
  • Steve Husbands, Head of Commercial, Oil & Gas Advisory, SLR
  • Steve Brann, Senior Investment Manager, Vitol
  • Yesufu Longe Alonge, Director of Development, Black Rhino Development Group
  • Paul Eardley-Taylor, Oil & Gas, Southern Africa, Standard Bank
  • Jon Marks, Chairman, CbI and Head of Consultancy, African Energy
  • Jay Bhattacherjee, Chief Executive Officer, Aminex
  • Olivier Mussat, Chief Investment Officer, Global Oil & Gas, IFC
  • Oti Ikomi, Chief Executive Officer, Proton Energy
  • Gibbs Johnson, Consultant, Webber Wentzel

See the latest details at africa-investment-exchange.com/events/aix-gas-2019