US-based Noble Energy has announced first gas flow from the Alen Gas Monetization Project located offshore Equatorial Guinea.
The Alen gas monetisation project comprises a 70km pipeline with the capacity to transport 950 million cubic feet of natural gas equivalent per day (MMcfe/d) from the Alen field, which is located in Block O (95%) and is marginally contained in Block I (5%) in the Douala Basin.
Gas from the field will be supplied to the existing Alba Plant’s liquefied petroleum gas processing plant and EG LNG’s liquefied natural gas production facility (EG LNG) at Punta Europa in Bioko Island, for processing.
Noble Energy is the operator of the Alen field with nearly 45% working interest in addition to a 28% working interest in the Alba Plant.
Noble Energy country manager and vice-president Gene Kornegay said: “As a company, we are proud to be a strategic partner in this joint effort, and we look forward to continue contributing to the economic and social development of the country.”
Noble Energy, which is currently owned by Chevron, operates the field. Other project partners include Glencore, GEPetrol, Atlas, and Gunvor.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataIn a press statement, Noble Energy said: “The Alen Gas Monetization Project is a key step forward for the country’s envisioned Equatorial Guinea Gas Mega Hub, which seeks to utilise existing infrastructure and support a thriving world-class gas industry within Equatorial Guinea.”
Initially, the Alen field began operation in 2013 after being developed as a condensate production and natural gas recycling project with an investment of $1.37bn.
Natural gas sales resulting from the Alen gas monetisation project are expected to be 200-300MMcfe/d.