E. Guinea: Noble to sanction Alen gas project in 1H 2019

U.S. oil and gas firm Noble Energy is working on making a Final Investment Decision for the Alen gas project in Equatorial Guinea in 2019.

The Alen gas project, for which the heads of terms were signed in May last year, is expected to monetize some 600 Bcfe gross recoverable gas resources from the Alen gas and condensate field. The field, located in Blocks O and I, has been producing condensate since 2013.

The field includes three production wells and three natural gas injection wells connected to a production platform. Condensate is pumped to the Aseng FPSO for storage and offloading.

In a recent operational update, Noble Energy said that it anticipated Alen Gas Monetization project sanction in the first half of 2019.

According to available info, Alen natural gas is to be processed through Alba Plant and Equatorial Guinea LNG Holdings Limited’s LNG plant. Both plants are located in Punta Europa. Alen gas is expected to be sold to global LNG customers.

Information on Noble Energy’s website shows that sanction of the project is contingent upon final commercial agreements being executed.

Existing production and processing facilities in place at the Alen platform and in Punta Europa require certain modifications to produce and process the Alen natural gas.

The agreement contemplates construction of a 65-kilometer pipeline to transport natural gas from the Alen platform to the facilities in Punta Europa.

First gas from the project is expected in 2021.

Noble Energy operates the Alen field with a 45 percent working interest and holds a 28 percent non-operated working interest in the Alba Plant.

Offshore Energy Today Staff