Browsing: Saipem

The French energy multinational TotalEnergies has declared force majeure on more contracts at its $20bn-plus liquefied natural gas (LNG) project in Cabo Delgado province, in the wake of ongoing terrorist activity near the project’s construction site, two sources have told Zitamar News

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Total is expecting at least a year’s delay at its $20bn Mozambique LNG project due to the escalating security crisis in the Cabo Delgado, Jean-Pierre Sbraire, chief financial officer at the French oil major said on Thursday

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The Saipem 12000 drillship under contract to Eni has left the Coral South field in the Offshore Area 4 block in northern Mozambique and is heading south, scheduled to arrive in Maputo on 29 April, according to ship tracking data.

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