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 [...]
Italian oil major Eni and its partners in the Area 4 consortium in northern Mozambique have closed the $4.675 billion debt package for the Coral South FLNG project – the first FLNG facility in the world to be project financed.
Updated at 19:50 local time: corrects project investment value, bank lending; adds projected government revenues and project lead time Eni signed off on its $8 billion Coral South floating LNG project today at a ceremony in Maputo, attended by chief executive Claudio Descalzi and [...]
Mozambique state-owned maritime security company ProIndicus, and ship-building company MAM, were conceived on the assumption their services would be forced upon international oil companies (IOCs) operating in Mozambican waters, a Parliamentary Commission [...]
Mozambique’s petroleum industry regulator, INP, and the ministry of energy and mineral resource MIREME, have approved the main contract for the construction of a proposed floating gas liquefaction facility in the Rovuma Basin. The decision is the latest milestone towards the consortium led [...]
Mozambique’s state petroleum regulator, the INP, could agree on a plan of development for the 2.5 mtpa Coral floating LNG project with