"Mozambique" News

MODEC to Supply Mooring System for Coral Norte FLNG off Mozambique

Jun 24, 2026

Japanese offshore services company MODEC has secured a contract to supply a SOFEC internal turret mooring system for the Coral Norte floating liquefied natural gas (FLNG) project offshore Mozambique, being developed by Eni and its partners.MODEC…

Technip Energies, Partners Land Coral Norte FLNG Construction Deal

Jun 08, 2026

Technip Energies, in partnership with JGC and Samsung Heavy Industries, has been awarded an engineering, procurement, construction, installation and commissioning (EPCIC) contract by Mozambique Rovuma Venture (MRV) for the Coral North floating…

Eni Assessing Third FLNG Platform for Mozambique

May 19, 2026

Italian energy group Eni is considering deploying a third Floating Liquefied Natural Gas (FLNG) platform offshore Mozambique, a company spokesperson said.Eni took a final investment decision on its second platform, Coral North, in October last year…

Eni Eyes FLNG-Backed Deal with Big Investment Firms

May 13, 2026

Italian energy group Eni has asked Morgan Stanley to help it to raise funds from investment firms such as Apollo, KKR and Stonepeak in a possible deal backed by its floating liquefied natural gas (FLNG) assets, three people familiar with the matter said…

Eni’s Coral North FLNG Progresses as Technip Energies Lands Key Contract

Feb 24, 2026

Technip Energies, in partnership with JGC and Samsung Heavy Industries, has secured a significant contract by Mozambique Rovuma Venture (MRV), an Eni-participated joint venture, to advance work on the Coral North floating liquefied natural gas (FLNG) project offshore Mozambique…

Mozambique and TotalEnergies Restart Stalled $20B LNG Project

Jan 29, 2026

Mozambique and TotalEnergies formally restarted the French energy major's $20 billion liquefied natural gas project in the country at a ceremony on Thursday, nearly five years after it was put on hold following a deadly attack by Islamist militants…

Eni Launches Hull for Coral North FLNG Offshore Mozambique

Jan 16, 2026

Eni and its partners have launched the hull of the Coral North floating liquefied natural gas (FLNG) vessel, marking a key milestone in the development of Mozambique’s offshore gas resources.Coral North will be the second floating LNG facility…

Saipem Eyes Comeback in Venezuela as Sanctions Ease

Feb 25, 2026

Italian oil contractor Saipem is ready to resume activities in Venezuela for both offshore and onshore projects after the easing of U.S. sanctions, Chief Executive Alessandro Puliti said on Wednesday.'Things in Venezuela are changing very quickly…

Tanzania to Sign $42B LNG Project Deal by June

Jan 28, 2026

Tanzania expects to sign before June a deal for its stalled project to construct a $42 billion liquefied natural gas (LNG) plant, a senior government minister said on Monday, with production set to start in eight years' time.Equinor and Shell are joint operators of the mega gas project…

TechnipFMC Lands Coral North FLNG Contract from Eni

Dec 19, 2025

Subsea engineering company TechnipFMC has won a substantial engineering, procurement, construction and installation contract from Italy’s Eni for the Coral North floating liquefied natural gas (FLNG) development offshore Mozambique.The contract covers subsea scope for Coral North…

TotalEnergies’ Mozambique LNG Loses $2.2B UK, Dutch Support

Dec 01, 2025

Britain and the Netherlands are withdrawing a combined $2.2 billion in support for the TotalEnergies-led Mozambique LNG project, they said separately on Monday, after both hired firms to probe human rights concerns surrounding the development…

TotalEnergies, Partners to Plug Financing Gap at $20B Mozambique LNG Project

Dec 03, 2025

French oil major TotalEnergies and its fellow partners on the $20 billion Mozambique LNG project have agreed to provide additional equity to replace the previous contributions of British and Dutch export credit agencies, it said on Tuesday.The UK and Dutch agencies represented about 10% of the $15…

ExxonMobil Ends Force Majeure, Targets First LNG From Mozambique in 2030

Nov 21, 2025

Exxon Mobil said on Thursday it has lifted force majeure on a large liquefied natural gas project in Mozambique called Rovuma LNG.The company paused work after French oil major TotalEnergies also declared force majeure on its separate LNG project…

Eni Expands Asian Footprint with Long-Term LNG Contract in Thailand

Dec 05, 2025

Eni has signed a long-term LNG sales agreement with Thailand’s Gulf Development Company, expanding its presence in Asian gas markets and advancing its plan to build a diversified global liquefied natural gas (LNG) portfolio.Under the 10-year contract…

TotalEnergies Seeks Extensions as Mozambique LNG’s Costs Soar by $4.5B

Oct 27, 2025

TotalEnergies has told Mozambique that the costs of its liquefied natural gas (LNG) project in the country have risen by $4.5 billion in the four years it was on hold, and it wants its production agreement extended by a decade, a letter from its chief executive showed…

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