What is Anadarko doing in Mozambique?

Anadarko held 26.5% operated interest in the Mozambique LNG project, which was later acquired by Total for $3.9bn in September 2019. The Offshore Area 1 project aims to initially supply approximately 100 million cubic feet of natural gas a day (MMcfd) to the onshore LNG facility.

What does the Anadarko-led area 1 LNG project mean for Mozambique?

“Today’s sanctioning of the Anadarko-led Area 1 Mozambique LNG project solidifies a path toward the creation of thousands of jobs for our people, significant economic growth for our nation, and the potential to be one of the world’s largest providers of cleaner energy for decades to come.

Is the area 1 plan of development now effective in Mozambique?

This official declaration of FID confirms the Area 1 Plan of Development is now effective, with notice provided to the Government of Mozambique that all conditions precedent have been fulfilled, and the project can now advance to the construction phase.

Why invest in area 1 Mozambique LNG?

As the world increasingly seeks cleaner forms of energy, the Anadarko-led Area 1 Mozambique LNG project is ideally located to meet growing demand, particularly in expanding Asian and European markets.

What is area 1?

Area 1 hosts a wide range of competitions for riders at every level: On these pages you’ll find: Area I recognizes and acknowledges its members every year with year-end awards, presented the annual meeting (typically held in January). It also provides scholarship funding for deserving members.

Where is offshore area 1 located?

Covering approximately 2.6 million acres, Offshore Area 1 is located within the Rovuma Basin, approximately 40km offshore northern Mozambique. The water depth in the area is approximately 1,600m.