Deal Insight
ADNOC buys Galp's stake in Mozambique Area 4 for US$1.1 billion
This report is currently unavailable
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
ADNOC acquired Galp Energia's 10% stake in Area 4 Mozambique. The asset comprises the Coral Sul Floating LNG project, and two development opportunities: Coral Norte FLNG and Rovuma LNG. The transaction supports ADNOC's international gas strategy. For Galp, this deal continues the high grading of its upstream portfolio.
Table of contents
- Coral Sul
- Coral Norte
- Rovuma LNG
- Galp Energia’s Mozambique asset
- Upside
- Risks
- ADNOC
- Galp Energia
Tables and charts
This report includes the following images and tables:
-
Map: Mozambique Area 4Reserve and Production Valuation MetricsWood Mackenzie Valuation (Upstream Assets) - NPV and Implied Long-term Oil PriceBase case Oil & Gas Price Modelling AssumptionsMarket Oil & Gas Prices
What's included
This report contains:
Other reports you may be interested in
Asset Report
Karish Area Fields
The Karish Area Fields lie approximately 90 kilometres offshore Israel in ultra deepwater. The area comprises the Karish, Karish North ...
$3,720
Asset Report
Rovuma LNG (Area 4) - Commercial Overview
Rovuma LNG is a proposed LNG development in Mozambique, commercialising gas from the Area 4 offshore block. The block was offered ...
$2,700
Asset Report
Wide Berth (GC 490)
Wide Berth (GC 490) is a small gas and associated condensate field located in the Green Canyon protraction area of the Central Gulf of ...
$3,720
