Equatorial Guinea gives pipeline green light
Equatorial Guinea’s Ministry of Mines and Hydrocarbons has approved a 70 km pipeline that will link the Alen Unit, operated by Noble Energy, and the petrochemical complex of Punta Europa within the framework of Equatorial Guinea’s gas monetisation project.
The $90–100mn contract has been awarded to Italian contractor Saipem. The pipeline will have a capacity of 950mn cf/d, with first gas expected to be delivered during 1Q2021.
In other news, Kosmos Energy (40%), Trident Energy (40%) and GEPetrol (20%) have made an oil discovery offshore Equatorial Guinea. The S-5 well was drilled at a total depth of 4,400 metres in the Santonian reservoir, in the offshore Rio Muni Basin.