Mozambique News


Saipem Nets $150M Coral Sul FLNG Maintenance Contract

Apr 07, 2022

Italian oilfield services company Saipem will be providing maintenance services for the floating facility Coral Sul FLNG  for liquefied natural gas offshore Mozambique, under a contract awarded by the Coral FLNG S.A consortium.The Coral FLNG…

TotalEnergies Eyes Restart of $20B Mozambique LNG Project in 2022

Feb 01, 2022

TotalEnergies CEO Patrick Pouyanne said on Monday the French firm aimed to restart a $20 billion liquefied natural gas (LNG) project in the north of Mozambique that was halted by an insurgent group with links to Islamic State almost a year ago…

Eni: Coral Sul FLNG Complete and Ready to Sail Away to Mozambique

Nov 15, 2021

Italian energy industry giant Eni said Monday it had held the naming and sail away ceremony for the Coral-Sul FLNG unit, the first floating LNG facility ever to be deployed in the deep waters of the African continent. The event took place at Samsung Heavy Industries shipyard in Geoje…

Coral Sul FLNG Project on Track, Eni Says

Nov 05, 2021

Claudio Descalzi, CEO of the Italian oil and gas giant Eni on Friday met with Filipe Nyusi, President of Mozambique, where Eni is working to develop giant offshore gas reserves using a floating LNG unit.Descalzi updated President Nyusi on the Eni-led Coral South Project…

Saipem Warns on Outlook After Mozambique Uncertainty

Apr 28, 2021

Italian energy service group Saipem said it was unable to update its outlook for the year due to uncertainty over a project in Mozambique as it missed first-quarter expectations.Earlier this week French energy group Total declared force majeure…

Total Declares Force Majeure on $20B Mozambique LNG Project After Attacks

Apr 26, 2021

French energy group Total declared force majeure on its $20 billion liquefied natural gas (LNG) project in Mozambique and confirmed it had withdrawn all staff from the construction site following insurgent attacks last month.Dozens of civilians…

Mozambique President Vows to Restore Peace in Gas-Rich Cabo Delgado

Apr 21, 2021

Mozambique President Filipe Nyusi said on Wednesday the government will work to restore peace in the country after a deadly militant attack last month near multi-billion-dollar gas projects backed by global oil companies.'We will make all efforts to return peace to our country…

Total to Resume Work at $20B LNG Project in Conflict-hit Mozambique

Mar 24, 2021

Total will gradually resume construction at its $20 billion liquefied natural gas development in northern Mozambique after working with the government to increase the site's security, the French oil major said in a statement on Wednesday.Total…

ABB to Power Total's Mozambique Gas Project

Mar 18, 2021

Power and technology group ABB has won a contract to deliver an end-to-end electrification package for Total's project in Mozambique aimed at developing gas deposits found off the country's coast.The Mozambique LNG project, previously operated by Anadarko…

UTEC Nets Coral Sul Survey Work Offshore Mozambique

Feb 25, 2021

UTEC, an offshore energy survey firm, has won a survey contract in Mozambique to support the development of Eni's Coral Sul ultra-deepwater FLNG development. Under the contract, awarded by oilfield services giant TechnipFMC, UTEC will be responsible for pre-lay surveys…

UK-based Enermech Eyes Oil & Gas Work in Mozambique

Feb 23, 2021

Aberdeen-based energy industry services company EnerMech has appointed Celestino Maússe to the newly created role of Mozambique country manager as the company seeks to expand its business as local activity ramps up.In his new role, Enermech said…

Vroon PSVs Support ENI's Drilling Campaign Offshore Mozambique

Dec 11, 2020

Italian oil and gas company Eni has chartered two Vroon platform supply vessels to support its offshore drilling project in Mozambique.Vroon said this week that the contract with ENI was on a long-term drilling project, with Vroon providing…

Report: ExxonMobil, Total in Talks Over Mozambique Gas Resource-sharing Deal

Nov 26, 2020

ExxonMobil and Total are in negotiations over their massive LNG projects in Mozambique, with each seeking to extract more gas from a shared field that straddles the two developments and cut costs, three sources familiar with the matter told Reuters…

Afreximbank Commits $400M to Mozambique LNG Project

Aug 07, 2020

Cairo-based African Export-Import Bank has committed $400 million in loans and guarantees to Mozambique's $20 billion liquefied natural gas (LNG) project, the multilateral lender said on Thursday.Afreximbank's move follows a similar commitment…

Total Secures $14.9B Loan for Mozambique Gas Development

Jul 20, 2020

French oil major Total has signed a $14.9 billion senior debt financing agreement for its massive liquefied natural gas (LNG) project in Mozambique, the biggest project financing ever in Africa, it said on Friday.The project includes the development…

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