Browsing: ExxonMobil

Business
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Exxon looking for security contractor to protect Cabo Delgado staff

ExxonMobil is is looking for a private security company to work with Mozambique’s state security forces to protect its staff and projects in Cabo Delgado, where an insurgency shows no sign of easing more than a year after the first attacks.

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Business
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‘Stranded’ island off Afungi wants compensation from LNG projects

Anadarko and ExxonMobil’s plans to build giant LNG export projects in northern Mozambique have derailed construction of a tourism complex on Ilha Tecomaji by a company part-owned by a former minister of natural resources. Anadarko and ExxonMobil’s refusal to engage with Tecomaji Lda “is in [...]

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Extractives
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Mozambique LNG land award should be ruled illegal, says law association

The land use certificate granted for the onshore LNG projects in the Rovuma Basin should be ruled illegal by Mozambique’s Administrative Court (Tribunal Administrativo), Mozambique’s Bar Association (Ordem dos Advogados de Moçambique, OAM) said on Thursday. The land use certificate, known as [...]

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Economy
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Mozambique finance ministry projections assume Exxon project will fail

Mozambique should only pay sovereign bondholders $369 million of a potential $500m gas-linked bonus, the country’s finance minister told parliament last week - but his calculations only make sense if ExxonMobil’s planned LNG project does not go [...]

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Oil & Gas
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Pemba Logistics Base ready to support FLNG drilling by year end, says ENH head

The Pemba Logistics Base will be ready to provide drilling services for the Coral FLNG project by the end of next month, Omar Mitha, head of state oil company ENH, a 51% shareholder in the project through its subsidiary ENH Logistics, told

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Extractives
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Mozambique plans oil and gas block consultation ahead of 6th round launch

Mozambique’s petroleum sector authorities will launch a consultation with oil companies next month to gauge interest in a new round of exploration blocks, following the signing of exploration and production concession contracts (EPCCs) for the fifth round blocks [...]

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