EXMAR Expands Offshore Gas Operations in Congo
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With extensive experience in West Africa and Congo, EXMAR has been a pioneer in floating regasification and liquefaction technologies. Their strategic partnership with Eni led to the development of the Congo LNG liquefaction and export facility, effectively leveraging available gas resources from existing production fields. Energy Capital & Power had the opportunity to interview Stefaan Mattheeuws, Managing Director of EXMAR Congo, to gain deeper insights into these developments and the company's strategic vision for the region.
Could you elaborate on EXMAR’s role in the Congo LNG project?EXMAR specializes in developing shipping and marine infrastructure for the oil and gas industry worldwide. Our partnership with Eni Congo led to the deployment of the Tango FLNG and the Floating Storage Unit (FSU) Excalibur, marking a significant step in gas monetization while eliminating routine flaring.
The Tango FLNG liquefies natural gas for export, with a capacity of approximately 1 billion cubic meters per year. It operates alongside the Excalibur using a first-of-its-kind “split mooring” technology, ensuring safe LNG transfer. The facility was delivered in record time in 2023 at Dry Docks World Dubai, with EXMAR overseeing its operations and maintenance.
Additionally, EXMAR has managed the Nkossa II LPG export terminal for nearly a decade, now operated for Trident Energy after its acquisition from TotalEnergies.
How do these projects align with EXMAR’s broader strategy in Africa?EXMAR is committed to enhancing global energy access through floating solutions. Our collaboration with Eni highlights our expertise in LNG monetization, reinforcing our role in Africa’s growing energy sector.
We have over 30 years of experience in offshore tanker terminals, FSOs, FPSOs and related services. With offices in Angola, Congo and Nigeria, we work with oil majors such as Eni, TotalEnergies, Chevron, and national companies like Sonangol and NNPC [Nigerian National Petroleum Corporation]. These partnerships reflect our long-term commitment to Africa’s oil and gas development.
What are EXMAR’s next milestones in Congo?Our immediate focus is ensuring the optimal performance of the Tango FLNG. We aim to expand operations in Congo, leveraging our expertise in floating gas solutions. Additionally, under a long-term contract, we continue operating the Nkossa II LPG FSO for Trident Energy Congo.
How does this project fit into EXMAR’s long-term investment strategy?EXMAR provides floating solutions across the energy project lifecycle – from engineering and construction to leasing, ownership and operations. The Congo LNG project solidifies our commitment to sustainable gas development in emerging markets, enhancing the country’s global energy role.
EXMAR is a pioneer in ammonia-fueled vessels. How does this innovation align with your market strategy in Congo?We have ordered the world’s first deep-sea ammonia-fueled LPG carriers, featuring dual-fuel propulsion systems to reduce CO2 emissions. While these vessels operate globally, our advancements in sustainable shipping reinforce EXMAR’s leadership in environmentally friendly energy transportation.