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
CEO: Continental Adds Midland Basin Acreage, Explores Woodford, Barnett
2024-04-11 - Continental Resources is adding leases in Midland and Ector counties, Texas, as the private E&P hunts for drilling locations to explore. Continental is also testing deeper Barnett and Woodford intervals across its Permian footprint, CEO Doug Lawler said in an exclusive interview.
CNX, Appalachia Peers Defer Completions as NatGas Prices Languish
2024-04-25 - Henry Hub blues: CNX Resources and other Appalachia producers are slashing production and deferring well completions as natural gas spot prices hover near record lows.
Equinor Says EQT Asset Swap Upgrades International Portfolio
2024-04-30 - Equinor CFO Torgrim Reitan says the company’s recent U.S. asset swap with EQT Corp. was an example of the European company “high-grading” its international E&P portfolio.
Barnett & Beyond: Marathon, Oxy, Peers Testing Deeper Permian Zones
2024-04-29 - Marathon Oil, Occidental, Continental Resources and others are reaching under the Permian’s popular benches for new drilling locations. Analysts think there are areas of the basin where the Permian’s deeper zones can compete for capital.
ConocoPhillips: Permian Basin a ‘Growth Engine’ for Lower 48
2024-05-15 - ConocoPhillips views the Permian Basin as a “growth engine” within its Lower 48 portfolio, the company’s Midland Basin Vice President Nick McKenna said during Hart Energy’s SUPER DUG event in Fort Worth.