British energy company BP is moving ahead with development of a liquefied natural project off the West African coast with early design work, a contractor said.

French services company TechnipFMC said it landed a front-end engineering and design contract from BP for work on a floating production storage and offloading unit for the Tortue/Ahmeyim field, home to an LNG project on the maritime border between Mauritania and Senegal.

BP secured the agreements necessary to make a final investment decision on the project from the governments of Mauritania and Senegal in February. The governments under the terms of the agreement split the resources and revenues from a field with estimated resources of 15 trillion cubic feet of gas.

That's roughly the equivalent of the annual demand from members of the European Union.

TechnipFMC under the terms of the contract will work on preliminary equipment and technology work, with the option to move to engineering and installation at a later stage.

Processing of the Tortue/Ahmeyim field will consist of four wells that will be tied to the floating production platform. From there, gas will be transported through a pipeline to a floating LNG terminal.

Gas in its liquid form has more deliverability options than piped gas, giving energy-rich countries like the United States further export reach.

West African nations are on the cusp of becoming major producers of oil and natural gas in their own right. With nearly 700 million barrels in reserves at its SNE oil discovery alone, Senegal is quickly emerging as a bright spot offshore West Africa.

BP heralded a "major" discovery of natural gas off the coast of Mauritania and Senegal alongside joint venture partner Kosmos Energy last year.

TechnipFMC didn't offer financial details on its contract with BP.

Related Links
All About Oil and Gas News at OilGasDaily.com

Tweet

Thanks for being here; We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain. With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords. Our news coverage takes time and effort to publish 365 days a year. If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor $5 Billed Once credit card or paypal		SpaceDaily Monthly Supporter $5 Billed Monthly paypal only

OPEC-member Angola could be on the rebound
Washington DC (UPI) Apr 13, 2018
With production close to a two-year low, presidential action in OPEC-member Angola has the potential to reverse a steady decline, analysis finds. "Low oil prices and the fact that the majority of untapped oil reserves are located in deep and ultra-deep waters, which are more costly to develop, have discouraged foreign investors since 2014," Maja Bovcon, a senior analyst for Africa at Verisk Maplecroft, said in a brief emailed Friday to UPI. Secondary sources reporting to economists at th ... read more