Anadarko Petroleum to select contractor for natural gas project in Mozambique

18 May 2015

US group Anadarko Petroleum is expected to select a team led by Chicago Bridge & Iron (CB&I) as the main contractor to build a natural gas processing project in Mozambique, reported financial news agency Bloomberg.

CB&I and other partners are due to start working with the group to prepare plans for construction of units to process the natural gas extracted from reserves in the Area 1 block of the Rovuma basin in northern Mozambique.

The Group headquartered in Houston recently announced that there will be a final investment decision by the end of this year, and selection of the main contractor is a key step for exploration of the natural gas reserves in that block.

According to Anadarko Petroleum, the Area 1 block has reserves estimated at 75 trillion cubic feet of natural gas, enough to supply the residential market in the United States for 15 years.

The first two processing units to cool the natural gas for subsequent export, with a capacity of 5 million tons per year have an estimated cost of between US$8 billion and US$10 billion, according to the American group. (macauhub/MZ)