MOZAMBIQUE: SLB OneSubsea awarded major subsea systems contract for Rovuma Basin development

SLB has announced that its OneSubsea™ joint venture has been awarded a contract by ExxonMobil Moçambique, Limitada, on behalf of its Area 4 partners, (ENH, CNPC, ENI, KOGAS and XRG), … Read More

MOZAMBIQUE: Saipem and Jan De Nul signed a Letter of Intent for Rovuma LNG offshore project

The final award to Saipem-Jan De Nul consortium is subject to the Final Investment Decision (FID), and government and regulatory approvals expected within 2026 Saipem, in consortium with Jan De … Read More

MOZAMBIQUE: LNG Revenues Reach $252.8 million

The Mozambican state has collected US$252.8 million in Liquefied Natural Gas (LNG) revenue from the start of commercial operations at Coral Sul FLNG in November 2022 until December 2025. 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