Mozambique’s Nyusi starts anew as terror threatens LNG boom
Mozambican President Filipe Nyusi was sworn in for a second term Wednesday, three months after his landslide election victory.
Mozambique
Coral Sul hull hits the water
The hull of the Coral Sul floating LNG (FLNG) has been launched at a ceremony in Geoje, in South Korea, on schedule.
Erik Prince’s FSG quits Mozambique oil and gas logistics venture
Frontier Services Group Ltd., the Hong Kong-based company founded by Erik Prince, has decided to quit a logistics joint venture with Mozambique’s national oil company, even as the country readies to receive about $60 billion of investments in natural gas export projects.
Boustani beats Mozambique charges in US court
Privinvest’s Jean Boustani has been cleared of three charges, centred on alleged Mozambique corruption, by a New York court.
Total signs on to Maputo LNG import plan
Total and South African gas facilities developer Gigajoule have signed a joint development agreement (JDA) on the import of LNG into Maputo.
IEA: Gas and renewables to power Africa
The struggle to provide Africa with energy will become increasingly important, particularly in terms of balancing power with carbon emissions, a new report from the International Energy Agency (IEA) has said.
The place for gas in South Africa’s energy plans
The South African government has published its Integrated Resource Plan (IRP) with the aim of setting out the country’s future energy mix.
Rovuma LNG FID pushed back
The Rovuma LNG project has taken another step ahead but a final investment decision (FID) is now expected in early 2020.
Total ticks off Mozambique LNG
Total has closed its purchase of Anadarko Petroleum’s 26.5% stake in the Mozambique LNG project.
Total sets out cautious stance
Total’s investor presentation walked a fine line between commitments to new projects and steps to secure the confidence of investors.
ENH taps up Vitol expertise for trading venture
Vitol and Mozambique’s state-owned Empresa Nacional de Hidrocarbonetos (ENH) have set out plans for a trading-focused joint venture.
Financing risks remain for Mozambique’s LNG projects
While Mozambique is presently recovering from the destruction caused by Cyclone Idai, it has the potential to produce close to 10% of the current global market or 6x the LNG production of Angola.
Anadarko Mozambique attacked for first time amid insurgency
Unidentified gunmen attacked an Anadarko Petroleum Corp. liquefied natural gas project in northern Mozambique, the first attack on an energy company since an insurgency by suspected Islamist militants began 16 months ago.
Plans for mega LNG project submitted in Mozambique
A joint venture owned by ExxonMobil, Eni and CNPC has submitted a development plan for the first phase of the Rovuma LNG project off Mozambique.
Aberdeen-Mozambique pact signed to take advantage of Rovuma Basin reserves
Aberdeen has signed a pact with the city of Pemba in Mozambique to mutually benefit from emerging oil and gas opportunities in the region.
Statoil pulls out of negotiations for Mozambique offshore gas block
Statoil has pulled out of negotiations for a 25.5% stake in a gas block off Mozambique, according to Reuters.
Global opportunities on show at Subsea Expo 2018
UK subsea service companies will have a chance to broaden their horizons at the sector’s main annual conference and exhibition.
Exxon wraps up deal for stake in Mozambique block
US oil major ExxonMobil has completed the acquisition of a 25% stake in Mozambique’s gas-rich Area 4 block.
Wings Travel Management to set up Mozambique operation
Wings Travel Management will set up shop in Mozambique to support clients with operations in the African nation.
Wentworth looks for farmout partner in Mozambique
Wentworth, the Oslo Stock Exchange and AIM listed independent is on the hunt for a farmout partner for its operations in Mozambique.
TechnipFMC to help build FLNG facility for Eni
A consortium led by TechnipFMC will build a floating LNG vessel for Italian firm Eni’s project off Mozambique.
Exxon acquire interest in Eni’s east African LNG operations
ExxonMobil (NYSE:XOM) has acquired a 25% interest in a natural gas-rich block off the coast of Mozambique in a $2.8billion deal.
Eni’s board gives go-ahead for Coral discovery
Eni's board of directors has given the green-light for investment in the first phase of the development of the Coral discovery offshore Mozambique.
Scottish oil and gas trainers on mission to East Africa
Scottish oil and gas companies are going on a third trade mission to East Africa in as many years to help narrow the region's skills gap.
Mozambique gas project on way to final approval after years of delay
A long-awaited gas project offshore Mozambique is on its way to final approval, according to reports.