Samsung Heavy Industries
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The Coral Norte FLNG is to be the mirror image of the Coral Sul unit, which shipped its first cargo in 2022 after it was put into service in Area 4 offshore Mozambique.
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The vessel, ordered by Eni, is expected to double LNG production at Eni’s project offshore Mozambique to 7 mtpa when it goes online in 2028.
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Energy trader Vitol also made an unspecified strategic investment in Delfin Midstream.
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The Eni-operated project will be the first FLNG vessel deployed in a deepwater field offshore the African continent upon its projected 2022 startup. Samsung Heavy Industries completed the operation at its shipyard in Geoje, South Korea.
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Delfin Midstream announced advancements in partnership with Samsung Heavy Industries and Black & Veatch. By re-purposing existing offshore pipelines and building the FLNG vessels at Asian shipyards, the total capital costs are projected to be around $500–550/tpa.
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The Prelude FLNG begins the 3,600-mile journey from South Korea to northwest Australia; expected to remain at final destination for 20–25 years.