Exxon seeks bidders for Rovuma LNG warranty services
ExxonMobil has invited bidders for marine warranty survey services for the first phase of its Rovuma LNG project in Mozambique, with expressions of interest due July 15 at 14:00 Maputo time.
Mozambique LNG shareholders delays delivery of 17 new carriers
Delivery of 17 LNG carrier newbuildings tied to the TotalEnergies-led 12.8 mtpa Mozambique LNG project has been delayed, with shareholders asking shipyards Hyundai Heavy Industries and Samsung Heavy Industries to defer declaration dates to September 2026.
World Bank pledges $6 billion in soft loans for Mozambique
Mozambique has been promised $6 billion in concessional financing, so-called soft loans from the World Bank for public investment projects – plus $4 billion of funding for the private sector, potentially supporting energy infrastructure projects like the Coral Norte FLNG.
Technip, partners secure EPCC contract for Coral Norte FLNG
Technip Energies, together with Japan Gasoline Co. (JGC) and Samsung Heavy Industries, has secured an engineering, procurement, construction and commissioning (EPCC) contract for the Coral Norte floating LNG project off Mozambique. The contract was awarded by Mozambique Rovuma Venture, a joint venture comprising Eni, ExxonMobil and China’ CNPC.
UK, Netherlands withdraw $2.2bn support for Moz' LNG
The UK government is rescinding its $1.15 billion financial backing for the Mozambique LNG project, citing increased risks, while the Netherlands withdrew $1.1 billion in insurance support. The decisions deal a blow to TotalEnergies efforts to restart construction on the $20 billion project.
Exxon lifts force majeure on Rovuma LNG
ExxonMobil has withdrawn the force majeure clause on its Rovuma LNG project in Mozambique, targeting a financial investment decision (FID) in early 2026. Situated in Cabo Delgado, the project will consist of two Train with a combined liquefaction capacity of 18 mtpa.
TotalEnergies to restart Moz’LNG “quickly” with $20.5bn budget
French oil major TotalEnergies is determined to restart its Mozambique LNG project “quickly” for a budget of $20.5 billion, CEO Patrick Poyanne clarified, having asked Mozambique’s President for a $4.5 billion cost adjustment. These additional expenses were incurred during the project’s four-year suspension under force majeure, caused by militant attacks in Cabo Delgado province.
Mozambique confirms large terrorist incursion in Cabo Delgado to threaten or further delay onshore LNG project
Mozambican President Filipe Nyusi confirmed that Islamist terrorists had occupied the town of Macomia in a northern part of Cabo Delgado, Mozambique’s province where an onshore LNG plant is being constructed further south and may now face more delays.
Mozambique President visits floating LNG hull for inauguration event and has talks on other FLNG projects
Mozambique President Filipe Jacinto Nyusi has visited and inaugurated the “Coral-Sul FLNG” installation located in the ultra-deep waters of the Rovuma Basin that has turned his southeast African nation into an LNG exporter.
The inauguration ceremony was also attended by the Minister of Mineral Resources and Energy Carlos Zacarias and by other representatives of Mozambique’s government.
They were accompanied by a delegation from the resources operator, the Italian energy company Eni and led by Guido Brusco, Chief Operating Officer of Natural Resources at the Milan-based company.
The event took place 10 days after the first LNG cargo was lifted on 13 November from the “Coral Sul FLNG” vessel.
“Coral Sul is a landmark project for the gas industry and is projecting Mozambique onto the global LNG stage, paving the way to a transformational change of the country through the development of gas resources,” said a statement.
Area 4 licence
Eni, as upstream operator of the Area 4 licence resources in the Coral South gas reservoir, is ramping up the project to its full liquefaction capacity of 3.4 million tonnes per annum.
The “Coral-Sul FLNG” vessel was constructed at Samsung Heavy Industries shipyard in Geoje in South Korea and is the first floating LNG facility ever deployed in the deep waters of East Africa.
The other partners of Eni in the FLNG project are US major ExxonMobil Corp., Chinese major China National Petroleum Corp., Galp Energia of Portugal, Korea Gas Corp. and Mozambique’s Empresa Nacional de Hidrocarbonetos (ENH), the state energy company.
The 174,000 cubic metres capacity LNG carrier “British Sponsor”, operated by BP, lifted the first cargo from the liquefaction hull.
BP has a long-term agreement spanning over 20 years to purchase 100 percent of LNG output from the project to add to its global supply portfolio.
President Nyusi and the Eni delegation in addition to visiting the “Coral Sul FLNG” hull also held talks on other possible LNG developments in Mozambique.
“They discussed the possibility of replicating the success of the Coral South project with further FLNG developments as well as other onshore projects,” said Eni.
“They also discussed the agri-feedstock project under an agreement between Eni and the Government of Mozambique,” it added.
“The project aims to produce oil from seeds, wastes and residues that do not compete with food crops and agriculture lands, to be used in biofuel production,” explained Eni.
Mozambique launched as LNG exporting nation as first cargo departs Coral-Sul FLNG production hull
Italian energy company Eni said the “Coral-Sul FLNG” production vessel offshore Mozambique shipped its first cargo from the Rovuma Basin to launch the southeast African nation as an LNG exporter.
