Amec Foster Wheeler awarded Mozambique job by Sasol

Amec Foster Wheeler awarded Mozambique job by Sasol

Amec Foster Wheeler said it has been awarded a detailed design and engineering contract by Sasol Petroleum for Phase 1 Tranche 1 of the PSA development for surface facilities at Temane. 

The scope of work and contract is for a new integrated oil, liquefied petroleum gas and gas project, including flowlines for the fields, located adjacent to Sasol’s and its partners’ existing Temane central processing facility, the statement reads.

AFW has already completed early engineering works for the project.

This is good news for the African country that is currently struggling with a debt crisis.

The Mozambican government has admitted in April to the existence of USD1.4bn in undisclosed loans by the Interior Ministry and state-owned security companies Proindicus and Mozambique Asset Management.

Fitch Ratings has recently downgraded Mozambique’s credit rating by one level to CC, warning that a default was likely.

Anadarko and Eni are developing multi-billion LNG export projects in the country but they have still not made a final investment decision.

Anadarko spokesman John Christiansen recently told LNG World News that the Woodlands-based company is “strongly committed” to its Mozambique LNG project despite the debt crisis in the African country and the oil price downturn.

Mozambique is estimated to hold about 100 trillion cubic feet of proved natural gas reserves.

 

LNG World News Staff

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