ONGC Videsh announces approval of Golfinho-Atum field in Mozambique offshore

It will also supply around 100 million cubic feet of natural gas per day for domestic sales for Mozambique’s industrial development

GN Bureau | March 6, 2018


#Golfinho-Atum   #ONGC   #PSU   #Mozambique  

The government of Mozambique has accorded approval for the development plan for Golfinho-Atum natural gas field in the Area 1 block in Rovuma Offshore Basin of Mozambique. ONGC Videsh Limited recently announced it.

The plan envisages integrated development of Golfinho-Atum field through an initial two train onshore liquefaction plant with a total processing capacity of 12.88 million metric ton per annum (MMTPA). The Golfinho-Atum project will also supply initial volumes of approximately 100 million cubic feet of natural gas per day for domestic sales for Mozambique’s industrial development which will have significant socio-economic impact.

The plan’s approval is the culmination of several years of progress on technical and commercial aspects of the development, ONGC Videsh said in an official statement.

This foundational project paves the way for significant future expansion of up to 50 MMTPA from Offshore Area 1. The Area 1 block located in the deep-water Rovuma Basin offshore Mozambique is one of the largest gas discoveries in offshore east Africa with estimated recoverable resources of approximately 75 trillion cubic feet.

With the approval of major legal and contractual framework agreements and the start of resettlement implementation activities and site preparation, the approval of the development plan is a significant milestone in the further progress of the Mozambique Rovuma Area-1 offshore project.

Comments

 

Other News

Caring for cancer patients: the expanded network of facilities

Health is a State subject, and the primary responsibility for providing healthcare services, including cancer care, rests with the respective state governments. However, the Department of Health and Family Welfare provides technical and financial support to States and Union Territories across the country

Capabilities, aspirations of India’s youth limitless: Modi

The capabilities and aspirations of India’s youth are limitless, prime minister Narendra Modi said in his remarks to the media at the start of monsoon session of the parliament on Monday.  "In the past month, the country has achieved many milestones, filling citiz

India gets the first hydrogen train

Prime minister Narendra Modi on Friday laid the foundation stone and dedicated to the nation various development projects worth around ₹14,700 crore in Jind, Haryana.   The PM positioned the city as a shining reflection of the good governance model. Emphasizing that the entire Haryana

Climate change is stealing sleep

Climate change has at least doubled the temperature-related sleep loss across 1,338 major cities worldwide over the past five decades, highlighting an emerging but often overlooked public health consequence of rising global temperatures. A new study by Climate Central estimates that between 2020 and

Cabinet approves Mobile Phone Manufacturing Scheme

The union cabinet chaired by PM Narendra Modi has approved the Mobile Phone Manufacturing Scheme (MPMS) with a budgetary outlay of Rs 62,500 crore. It aims to further scale up the production, deepen domestic value addition, strengthen supply chain resilience, enhance global competitiveness. It

Building infrastructure is only half the job

Recent stories of stolen railway wires, disappearing communication towers and missing public infrastructure are often treated as bizarre law-and-order failures of India. Yet they raise a more fundamental question. Why does the State often discover the disappearance of a public asset only after it has alrea

Upcoming Conferences





Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter