Eni achieves financial close for Coral South FLNG in Mozambique

Eni, together with its Area 4 Partners, have announced that the Coral South FLNG multi-sourced project financing achieved financial close, for a total amount of US$ 4,675,500,000 split in the … Read More

CGG signs agreement with Mozambique for vast 3D seismic offshore program

CGG has announced that it has signed a multi-client data agreement with Mozambique’s Instituto Nacional de Petroleo (INP) following a competitive tender process held by INP in 2016. As a … Read More

Air Products Wins Contract for Mozambique’s Coral South Floating LNG Project

The world’s leader in liquefied natural gas (LNG) technology and equipment Air Products has announced an agreement with TP JGC Coral France for the supply of its proprietary cryogenic coil wound heat … Read More

ExxonMobil and Synthetic Genomics Report Breakthrough in Algae Biofuel Research

ExxonMobil and Synthetic Genomics Inc. have announced a breakthrough in joint research into advanced biofuels involving the modification of an algae strain that more than doubled its oil content without significantly inhibiting … Read More

TechnipFMC awarded contract for the Coral South FLNG project offshore Mozambique

TechnipFMC, together with JGC Corporation and Samsung Heavy Industries, all partners in the TJS Consortium where TechnipFMC is leader, has been awarded by CORAL FLNG SA* a major contract. It … Read More

ExxonMobil to Acquire 25% Interest in Mozambique Area 4 from Eni

ExxonMobil and Eni have signed today a sale and purchase agreement to enable ExxonMobil to acquire from Eni a 25 percent indirect interest in the natural gas-rich Area 4 block, offshore Mozambique. Eni … Read More

Mozambique President Sacks Energy Minister

Mozambique president Filipe Nyusi has sacked Energy Minister Pedro Couto who has headed the docket since January 2015 at a crucial time when the country is preparing to enter the … Read More