Name of the Project
Sasol production sharing agreement (PSA) licence area development project.
Location
Mozambique.
Client
Sasol.
Project Description
The field development plan will result in further hydrocarbon resources being developed to support Sasol’s Southern Africa growth drivers.
The first phase of the PSA licence area development proposes an integrated oil, liquefied petroleum gas and gas project adjacent to Sasol’s petroleum production agreement (PPA) area.
Sasol already produces gas and condensate from the Pande and Temane fields in the PPA area.
The project includes the development of a fifth train at the central processing facility to process additional gas from the PSA licence area.
Jobs to Be Created
Not stated.
Value
Tranche 1 of the first phase of the PSA development project, including the fifth train, will cost an estimated $1.4-billion.
Duration
Not stated.
Latest Developments
Sasol has reported in its interim financial results for the six months ended December 31 that four wells have been drilled and completed – two gas wells in the Temane G8 reservoir and two oil wells in the Inhassoro G6 reservoir.
Drilling results have been in line with expectations.
The third oil well (or fifth well) was spudded in early February 2017.
In addition, as part of the PSA programme, the first onshore Mozambique 3D seismic programme has been successfully undertaken.
Key Contracts and Suppliers
None stated.
On Budget and on Time?
The first phase of the development of the PSA licence area remains on budget and on schedule.
Contact Details for Project Information
Sasol head of group relations Alex Anderson, tel +27 11 441 3295 or email alex.anderson@sasol.com.