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.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
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.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
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.
