"Mozambique" News

Nortrans' Offshore Vessel Nets 5-Year Charter Deal with Chevron in Israel

Jan 20, 2022

Offshore vessel operator Nortrans has scored a 5-year contract extension with Chevron in Israel for its Nor Naomi offshore vessel.Chevron Med. Ltd, is using the Nor Naomi DP2 IMR/ROV subsea vessel to support the Tamar and Leviathan gas field operations in Israel…

Nortrans' Flotel to Assist with Coral FLNG Hook-Up

Jan 06, 2022

Singapore-based offshore vessel provider Nortrans has secured a flotel contract with TechnipEnergies to support the hook-up of the giant Coral Sul FLNG unit that has recently arrived in Mozambique after a journey from South Korea where it was built…

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…

Santos Takes Over Oil Search. Names CFO

Dec 13, 2021

Santos Ltd on Monday named a new chief financial officer in its first move since sealing its $6 billion takeover of Oil Search, who will play a key role in selling stakes in assets in Papua New Guinea and Alaska.Santos promoted Anthea McKinnell…

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…

Exxon to Hold Spending at $20B to $25B Through 2027

Dec 02, 2021

Exxon Mobil on Wednesday set annual capital spending through 2027 at $20 billion to $25 billion, allocating money to low-carbon projects and extending its previously projected investment rate for two years.The top U.S. energy producer slashed costs after a historic $22…

SHI Demos SENSE IV, Its Own Natural Gas Liquefaction Process

Nov 25, 2021

Samsung Heavy Industries announced on November 18 that it successfully held a demonstration ceremony at the Geoje shipyard for 'SENSE IV (SAMSUNG Enhanced Nitrogen Split Exapnsion IV)', SHI's in-house natural gas liquefaction system.The demonstration…

Exxon Board Debates Dropping Oil and Gas Projects in Mozambique and Vietnam - WSJ

Oct 21, 2021

Exxon Mobil Corp board is debating whether to continue with several major oil and gas projects amid a global push from investors for fossil fuel companies to be more cost-conscious and green-energy friendly, WSJ reported on Wednesday.Activist investor Engine No…

Saipem Posts 1H Loss. Expects Sales Pick-up in 2H

Jul 30, 2021

Italian energy services group Saipem on Friday forecast a sales pick-up in the second half after posting an operating loss in the first six months, hurt by the impact of the COVID-19 pandemic and problems with a wind project.The group posted…

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…

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…

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…

UTM Offshore Taps KBR for Support at Nigeria's First FLNG Project

May 20, 2021

Engineering and construction services giant  KBR has won a contract with Nigeria's UTM Offshore to support the development of Nigeria's first Floating Liquefied Natural Gas (FLNG) facility.Acting as Owner's Engineers, KBR will be responsible…

JGC Lands Pre-FEED Deal for Nigeria's First FLNG Project

May 13, 2021

Japan's JGC has been awarded the Pre-Front End Engineering and Design (Pre-FEED) contract for an FLNG facility project in Nigeria.The project is being run by UTM Offshore Limited, a Nigerian private company engaged primarily in crude oil sales and construction equipment leasing…

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…

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