Browsing: Oil & Gas

Infrastructure aerial view of Palma
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Rehabilitated Palma Airstrip to open in December under new concessionaire

The public airstrip in Palma, Cabo Delgado, in northern Mozambique, should reopen by the end of December following the rehabilitation of the runway by a Kenyan-owned aviation company. Palma district administrator Valige [...]

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Electricity
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Total plans start importing LNG into Mozambique by end of 2022 

French oil major Total and South Africa’s Gigajoule plan to take a final investment decision (FID) on an LNG-to-power project in Matola, southern Mozambique by mid-2020, with the aim of bringing the project online by the end of [...]

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Oil & Gas
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Minister’s assurance of ENH LNG financing, more optimism than guarantee

The Government of Mozambique announced on Friday that it had secured foreign funding for several "strategic projects" at the 2019 African Investment Forum (AIF), including $1.2 billion for state oil company  ENH to fund its stake in the Area 1 LNG project in the Rovuma Basin. "The [...]

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Conservation
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Public consultation closes on Sasol’s controversial Bazaruto exploration plans 

Residents and environmental groups in Inhambane are challenging plans by South African energy company Sasol to start exploring for oil and gas near the Bazaruto archipelago. Groups have raised concerns that tourism, fishing and the marine life around the islands - which are an important [...]

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Oil & Gas
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Exxon awards EPC contract for the $30 billion Rovuma LNG project

The Mozambique Rovuma Venture, the operator of Area 4, awarded the engineering, procurement and construction contract for its Rovuma LNG project to a joint venture of JGC, Fluor and Technip FMC at a ceremony in Maputo on Tuesday morning. The “initial [...]

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Extractives
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Soldiers guarding Mozambique LNG complain of ‘animal’ treatment

LNG project company says it is working with government to ascertain why the subsidies it’s paying aren't reaching soldiers Soldiers guarding the LNG project site in insurgency-hit Cabo Delgado have complained they are not receiving 'hardship payments' paid by the oil companies [...]

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Oil & Gas
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Total closes $3.9 billion acquisition of Mozambique LNG

French oil major Total has closed the $3.9 billion acquisition of Anadarko’s 26.5% interest in the Mozambique LNG project in Cabo Delgado and is now officially the operator of the 13 million tonne per annum project. The transaction will bring in around $880 [...]

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