US-based GE Oil & Gas has emerged as the frontrunner to provide a subsea production system for Eni’s Coral South floating liquefied natural gas project off Mozambique.
However, the development’s progress towards a final investment decision by June is facing the prospect of delay.
Project watchers said Eni has recommended GE for the supply of the six-well subsea system in a contract valued at more than $150 million.
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