CNOOC
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The deal calls for CNOOC to get 1.5 mtpa of gas from the Anadarko-operated Mozambique LNG project over the next 13 years. The project is the first onshore LNG development for the coastal East African nation. -
The state-run offshore company has found a gas and condensate field that holds an estimated 250 million BOE.
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The national oil company’s aim to lift oil and gas production and reserves over the next few years will rely on growth from big international projects, including those in Nigeria, Guyana, and the US.
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Chevron, ConocoPhillips, Equinor, Shell, and Total are among nine firms looking to explore the Pearl River Mouth Basin.
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The Hess-operated field, which drew first oil in January, is expected to produce 80,000 BOPD as production ramps up this year.
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