en.Wedoany.com Reported - Technip Energies, in a consortium with JGC Corporation and Samsung Heavy Industries, has been awarded an engineering, procurement, construction, installation, and commissioning (EPCIC) contract by Mozambique Rovuma Venture (MRV) for the Coral North floating liquefied natural gas (FLNG) project offshore Mozambique.

This contract, together with previously announced agreements, constitutes a major order for Technip Energies, generating over $1.16 billion (€1 billion) in revenue for the company. The Coral North FLNG project is being developed by Eni and its partners China National Petroleum Corporation (CNPC), Empresa Nacional de Hidrocarbonetos (ENH), XRG, and Korea Gas Corporation (KOGAS) in the Area 4 offshore gas block in Mozambique, with a design capacity of approximately 3.6 million tons of liquefied natural gas per year. The project is expected to double the total production capacity of the Coral hub to 7 million tons per year, thereby consolidating Mozambique's position as one of Africa's largest liquefied natural gas producers.

Coral North will serve as an enhanced replication of Coral South FLNG, the first development in Area 4. According to Technip Energies, this replication approach leverages similarities in feed gas composition and deepwater operating conditions while incorporating engineering and integration lessons learned from the previous development. The company stated that the standardized project delivery model aims to improve execution certainty, optimize performance, and provide greater predictability throughout the project development.

This award builds on previously announced contracts related to Coral Norte and confirms the continued advancement of Technip Energies' scope of work on the project. Arnaud Pieton, CEO of Technip Energies, stated that the Coral North project reflects the confidence of Eni and its partners in the company's FLNG execution capabilities and the operational performance of Coral South FLNG. By leveraging the "design once, build multiple times" approach, this model is demonstrating how standardization can accelerate the delivery of large-scale offshore projects, expedite the deployment of new liquefied natural gas capacity, contribute to energy security and diversification, while also strengthening Mozambique's increasingly important role in the global liquefied natural gas landscape.

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