Companies working in Africa must do more to bolster local industry and participation, or risk continued challenges around security and legitimacy.
Sasol has signed agreements to supply gas and LPG, allowing work to begin on the up-, mid- and downstream to begin in Mozambique.
Stakeholder pressure on energy companies is having an impact on African projects, which is not necessarily straightforward divestment.
France held a summit on May 18 for African leaders, with discussions around debt, security and energy.
South Africa’s Reatile Group and African Infrastructure Investment Managers (AIIM) have teamed up to buy a 30% stake in Sasol’s Mozambique pipeline.
TechnipFMC has rejected some claims around its Mozambique LNG work.
Sasol shareholders should expect better times ahead, with the company forecasting an improvement in earnings per share of at least 20%.
Saipem has issued a warning over its 4 billion euro ($4.8bn) contract for work on Mozambique LNG, following Total’s declaration of force majeure.
Total has declared force majeure at its Mozambique LNG project, citing the local insecurity.
The UK government will face questions in court over the legality of its support for Mozambique LNG, following a win for Friends of the Earth (FoE).
Mozambican businesses looking to cash in on Africa’s biggest private investment are facing disaster after an attack by Islamic State-linked militants on a town close to Total’s $20 billion natural gas export project.
The High Court will hear an application from Friends of the Earth (FoE) today to review the UK government’s support of the Mozambique LNG scheme.
East African LNG outlook seems positive in 2021 but fluctuating prices, political instability and terrorism risk stifling growth
East Africa is in a prime location to export gas globally but growth and progress has largely been slow, largely because of fluctuating liquified natural gas prices, political instability and terrorism.
The Southern African Development Community (SADC) held an emergency meeting today in Maputo to discuss terrorism in Mozambique.
A hoax statement claims Galp is abandoning its involvement in northern Mozambique in order to pursue a “100% renewable future”.
Foreign military support is growing in Mozambique’s northern Cabo Delgado Province following the attack on Palma but it is clear that the LNG plans have suffered a major setback.
The terrorist attack on Palma on March 24 has led to the deaths of a number of people and expatriate workers.
Petrozim Line has awarded a 10-month engineering contract to Penspen, on the Feruka-Harare pipeline in Zimbabwe.
Just hours after Total announced its proposed plans to restart work at Mozambique LNG, insurgents have attacked the nearby town of Palma.
Total intends to resume work at the Mozambique LNG site after the government has provided assurances of improved security.
Friends of the Earth (FoE) is asking for an oral hearing at the High Court in its bid to reverse the UK’s support for the Mozambique LNG project.
An new alliance between Aberdeen-headquartered EnerMech and 3T Energy Group has bagged a “significant” project to help shape future training of oil workers in Mozambique.
Around $33 million of spending in Mozambique’s two LNG concessions is unrecoverable, the Instituto Nacional do Petróleo (INP) has said, following an audit.
Islamist insurgents, Mozambique government forces and a South African private military company are all involved in human rights abuses in Cabo Delgado, according to Amnesty International.
Mozambique state-owned Empresa Nacional de Hidrocarbonetos (ENH) has formed a joint task force with TCRK Energy, backed by serial Mozambique entrepreneur Tom Bruton, to investigate blue hydrogen opportunities.