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

Gandhian movement after Gandhi failed: Ram Guha

The Gandhian movement in India, after Gandhi’s death, failed, says Ramachandra Guha, and blames Vinoba Bhave for it. But the movement found new, fertile grounds around the world and succeeded in bringing about a change in South Africa, the US and elsewhere. It is high time it returned home. Of cour

When religion, politics and Bollywood come together

Tavleen Singh, noted journalist and political commentator, has turned to fiction, with her debut novel ‘The Actor’ (HaperCollins India). Set in the near future, it has a superstar, Amit Singh, turning to politics, when the political landscape is dominated by prime minister Guru Gaynendraj

Cabinet approves setting up of Integrated Transport & Logistics Authority

The union cabinet, chaired by prime minister Narendra Modi, on Tuesday approved the setting up of a Special Purpose Vehicle (SPV), called Integrated Transport & Logistics Authority (ITLA), to strengthen research, planning, appraisal, monitoring and impact assessment within the broad domains of Transp

Why foundational literacy and numeracy is key to school education

Foundational Literacy and Numeracy (FLN) are often described as the building blocks of education. Yet, their significance goes well beyond a child’s ability to read a sentence, write a response or solve a basic mathematical problem. These foundational skills shape how children understand the world,

When police data becomes the algorithm

For decades, policing has followed a familiar sequence: a crime occurs, the police respond, an investigation produces records and those records become part of the institutional memory of the criminal justice system. Artificial intelligence is beginning to alter that sequence. Instead of merely recording

Before India voted, the framers worried about the referee

“We are making a Constitution forever and not only for today.” Shibban Lal Saksena said this in the Constituent Assembly on June 15, 1949. He was warning that a ruling party might one day choose a loyalist to run India’s elections. Seventy-seven years later, the Supreme Court is wrestli

Upcoming Conferences



-->

Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter