MOZAMBIQUE: TechnipFMC Awarded Substantial Subsea Contract for the Coral North FLNG Development

TechnipFMC has been awarded a substantial Engineering, Procurement, Construction, and Installation contract by Eni S.p.A. for the Coral North development, the second floating liquefied natural gas (FLNG) project offshore Mozambique, in … Read More

MOZAMBIUE: Mozambique LNG Partners Unanimously Agree to Provide Additional Equity to the Project

The Mozambique LNG partners have unanimously agreed to inject additional equity capital to replace the positions formerly expected to be held by UKEF and Atradius. This contribution will cover approximately … Read More

MOZAMBIQUE: Eni announces Final Investment Decision for Coral North project

Eni and its partners CNPC, ENH, Kogas, and XRG have reached the Final Investment Decision (FID) to develop the Coral North FLNG project, deepwater offshore Cabo Delgado, north of Mozambique. … Read More

MOZAMBIQUE: Aiteo Eastern E&P, PETROMOC, Enter MoU to Build a new Refinery

Nigerian energy firm Aiteo Eastern E&P Company Limited has entered into a partnership with Mozambique’s national oil company, PETROMOC, to build a new refinery. According to local media reports, the … Read More

MOZAMBIQUE: XRG Announces Entry into Rovuma Basin LNG Project with Acquisition of Galp’s Interest

XRG has successfully reached deal completion on its acquisition of Galp’s 10% interest in the Area 4 concession in Mozambique’s Rovuma Basin, initially announced in May 2024. This strategic investment, … Read More

MOZAMBIQUE: TotalEnergies Welcomes the Launch of Official Investigations on Abuses by Security Forces

Following allegations of human rights abuses raised by media outlets in 2024 that would have been committed by members of Mozambique’s Defence and Security Forces in the Afungi Peninsula in … Read More

The African Energy Chamber (AEC) Lauds US for Supporting Mozambique LNG Project After EXIM Bank Re-Authorizes $4.7B Loan

The African Energy Chamber (AEC) has expressed its sincere appreciation to the Trump administration for its unwavering support in advancing the Mozambique LNG project, a monumental initiative led by TotalEnergies … Read More