After a four-year insurgency-driven halt, more than 4,000 workers return to the Africa-based LNG megaproject as construction resumes, targeting first cargo in 2029.
Exxon Mobil (XOM) said Thursday it has lifted force majeure on the Rovuma liquefied natural gas project in Mozambique as security concerns ease, a crucial step toward making a final investment ...
ExxonMobil (NYSE:XOM) has lifted force majeure on the long-delayed Rovuma LNG project in Mozambique, paving the way for work to resume and pushing the $30bn development significantly closer to a final ...
TotalEnergies is progressing with the expansion of the Afungi camp to house 2,000 workers, as part of the liquefied natural gas (LNG) megaproject in Cabo Delgad ...
Exxon Mobil (NYSE:XOM) CEO Darren Woods sought assurances last week from Mozambique's president Chapo about security for a proposed $30 billion liquefied natural gas export terminal before making a ...
Abu Dhabi National Oil Company has struck a deal worth up to $1.15 billion to acquire a strategic stake in ExxonMobil's Area 4 concession in Mozambique's gas-rich Rovuma basin from Galp Energia. This ...
TotalEnergies has resumed onshore and offshore activities for the Mozambique LNG project following the lifting of the force majeure declared in 2021, with construction now under way and first LNG ...
China Petroleum Engineering & Construction Corporation (CPECC) has reached a milestone in the front-end engineering and design phase for ExxonMobil’s $24 billion Rovuma LNG Phase 1 project in ...
The government of Mozambique may not agree with the latest estimate for an LNG project led by TotalEnergies, which said earlier this week the price tag for the facility had gone up by $4.5 billion.
With record-breaking US gas production this year, and the promotion of gas as a “cleaner, cheaper” energy source a continued priority for the current White House, the US Department of Energy is now ...