Total secures Mozambique LNG financing
The $14.9 billion Mozambique LNG financing has been signed, Oil India Ltd (OIL) has said.
Mozambique
Sasol ditches Mozambique block
Sasol has opted to drop an exploration licence offshore central Mozambique.
Taking power to the seas with Karpowership
Countries that need power, need power now – and Karadeniz’s Powerships may just be the fastest moving answer to this particular demand.
Sasol sells Escravos stake, works on Mozambique sale
Sasol has signed a deal to sell its indirect stake in the Escravos gas-to-liquids (GTL) plant, in Nigeria, to Chevron.
Total accused of Mozambique meddling
A group of NGOs has accused Total and the French state of “machinations” involving Mozambique’s gas industry.
Sasol cited over Mozambique costs
A Mozambique audit has raised concerns about upstream companies misstating recoverable costs, highlighting South Africa’s Sasol in particular.
Mozambique event goes virtual
Conference organiser IN-VR is setting out its virtual stall for an online summit on oil and gas plans in Mozambique, with all proceeds being donated to Afrilanthopy, a local NGO.
Geofizyka Toruń completes Mozambique shoot
Geofizyka Toruń has completed a 2D seismic study for Sasol in Mozambique, demonstrating that exploration in the East African state is progressing despite some disruption stemming from coronavirus.
Eni’s Rovuma drilling disrupted
Coronavirus and the sudden drop in oil prices has led to some measure of disruption in Mozambique, local regulator Instituto Nacional de Petroleo (INP) has said, although there should be no long-term impact.
Mozambique claims rebel leaders killed
Mozambique’s military forces have regained control of Macomia, a town in the northern Cabo Delgado Province around 200 km from the LNG construction site.
Mozambique’s gas hub future
The LNG industry in Mozambique will have a transformative impact on the country’s economy – and establish it as a regional gas hub, participants on an Africa Oil Week webinar have said.
JGC positive on Middle Eastern contracts
Japan’s JGC remains positive about receiving the go ahead for work in Qatar, Iraq, Oman and Mozambique.
EXIM tweaks terms for Mozambique LNG loan
The US’ Export-Import Bank has tweaked the loan it is providing to the Mozambique LNG project to include work offshore.
European gas demand under pressure
The impact of coronavirus has not been felt as strongly by the gas industry as oil, Rystad Energy’s CEO Jarand Rystad has said, although increasing LNG production seems set to keep prices under pressure this year.
Insurgents shoot down helicopter in Mozambique
The Islamic State (IS) has released video of a helicopter shot down in northern Mozambique, said to belong to anti-jihadist mercenary forces.
Exxon pushes back Rovuma LNG decision, again
ExxonMobil’s decision to slash capital expenditure this year by 30% has pushed back a final investment decision (FID) on the Rovuma LNG project, in Mozambique.
Sasol to reduce refinery runs during lockdown
Sasol has set out plans to reduce throughput at some of its plants, as South Africa goes into lockdown, while ratings agencies have become more cautious on the company’s outlook.
Militants seize town near Mozambique LNG
A town in northern Mozambique near major LNG construction works has been seized by Islamist militants, according to local reports.
Air Products wins Mozambique LNG gig
Air Products has signed up to supply two LNG heat exchangers to the Total-led Mozambique LNG venture.
Carbon and cash to determine Galp project plans
Galp will focus on major upstream projects, company executives said today, but these must be able to compete in a world where demand may be constrained.
Mozambique shows off Rovuma’s £42bn investment in bid to attract North Sea suppliers
Officials from Mozambique have showcased the level of investment in the prolific Rovuma basin in a bid to attract the expertise of North Sea companies to its supply chain.
Subsea Expo has international flavour with VIPs from Africa and Azerbaijan
Mozambique’s oil and gas regulator, the National Petroleum Institute, and senior representatives from SOCAR, the State Oil Company of the Azerbaijan Republic, will be actively promoting business opportunities for UK subsea companies at Subsea Expo.
Violence on the rise in Mozambique’s gas-rich north
The insurgency in northern Mozambique is becoming more dangerous, causing alarm for the two major gas projects in the area. There is little sign of improvement.
CGG’s Zambezi data offers a jumpstart to explorers
Data shot by CGG in a 15,400 square km seismic survey offshore Mozambique, in the Zambezi Delta, is now ready for licensing.
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.