Hilong announced in a statement last month that its offshore engineering unit secured the offshore platform transportation and installation contract for the second phase of Eni’s Congo LNG project.
According to the group, the contract is worth more than 400 million yuan ($54.7 million).
The contract value is expected to be more than RMB 400 million. Hilong Offshore & Marine has more than RMB 4 billion orders in hand.
Hilomg did not provide further details regarding the contact.
The firm only said that the contract marks a continuation of its cooperation with Eni.
In November last year, China’s Wison New Energies launched the hull of Eni’s Congo FLNG at its yard in Nantong, China. Eni will name the FLNG Nguya.
WNE won a contract from Italy’s Eni in December 2022 to build the 380 meters long 2.4 mtpa FLNG and officially started work on the project in January 2023.
The new FLNG will serve Eni’s project in the Republic of Congo, also known as Congo-Brazzaville, which will reach an overall LNG production capacity of 3 million tons per year, or about 4.5 billion cubic meters/year, from 2025.
Eni expects Congo LNG’s Phase 2 startup by the end of 2025.
The FLNG will complement the existing Tango FLNG, which launched operations in December 2023.
In February last year, Eni shipped the first LNG cargo from its Tango FLNG moored in Congolese waters and this shipment arrived at Snam’s FSRU-based facility in Piombino in April.
The Italian firm purchased the 144 meters long Tango FLNG from Belgium’s Exmar and chartered the 2002-built steam turbine LNG carrier, Excalibur, to serve as an FSU for the project.
The floating LNG producer, delivered in 2017 by WNE, has a liquefaction capacity of about 1 billion cubic meters per year of gas, or 0.6 mtpa, and a storage capacity of 16,100 cbm.
Exmar recently said that Tango FLNG is producing LNG above the guaranteed levels.
“The tests have proven that the actual production of LNG has exceeded the guaranteed levels, with an adjusted annual equivalent production in excess of 0.6 million tons per annum,” the company said.
As previously reported, the agreement for the sale and purchase of Tango FLNG contains a price adjustment clause related to the performance of the unit.
This includes “a negative correction of $78 million and a bonus of a maximum of $44 million,” Exmar said.
“Based on the production data, Exmar has concluded that it is entitled to a bonus, amount of which is not yet agreed,” Exmar said.
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