Mozambique News


Total Returns to Pre-pandemic Profit Levels

Apr 29, 2021

French energy group Total SE posted first-quarter earnings on Thursday close to levels from before the coronavirus pandemic, as higher oil and gas prices boosted its trading business and it increased electricity production.The company, which…

Saipem Warns on Outlook After Mozambique Uncertainty

Apr 28, 2021

Italian energy service group Saipem said it was unable to update its outlook for the year due to uncertainty over a project in Mozambique as it missed first-quarter expectations.Earlier this week French energy group Total declared force majeure…

Total Declares Force Majeure on $20B Mozambique LNG Project After Attacks

Apr 26, 2021

French energy group Total declared force majeure on its $20 billion liquefied natural gas (LNG) project in Mozambique and confirmed it had withdrawn all staff from the construction site following insurgent attacks last month.Dozens of civilians…

Mozambique President Vows to Restore Peace in Gas-Rich Cabo Delgado

Apr 21, 2021

Mozambique President Filipe Nyusi said on Wednesday the government will work to restore peace in the country after a deadly militant attack last month near multi-billion-dollar gas projects backed by global oil companies.'We will make all efforts to return peace to our country…

Mozambique: Ferry Carrying Survivors from Deadly Militant Attack on Gas Town Arrives in Pemba

Apr 01, 2021

A boat carrying more than 1,000 survivors of a highly organized, deadly attack by Islamic State-linked insurgents in northern Mozambique arrived in the port of Pemba on Thursday, a Reuters reporter and a diplomatic source said.Aid workers were…

Total to Resume Work at $20B LNG Project in Conflict-hit Mozambique

Mar 24, 2021

Total will gradually resume construction at its $20 billion liquefied natural gas development in northern Mozambique after working with the government to increase the site's security, the French oil major said in a statement on Wednesday.Total…

ABB to Power Total's Mozambique Gas Project

Mar 18, 2021

Power and technology group ABB has won a contract to deliver an end-to-end electrification package for Total's project in Mozambique aimed at developing gas deposits found off the country's coast.The Mozambique LNG project, previously operated by Anadarko…

3t Energy Names Director to Help Drive Expansion, Acquisitions

Mar 18, 2021

3t Energy Group, a UK-based energy industry training services company, has appointed Chris Durling as its new finance director for its training division.Durling comes to 3t Energy Group from EY, where he led the Aberdeen transactions business and EY’s focus on energy services in the UK…

Newly Formed 3t Enermech to Help Train Mozambique Oil Workers

Mar 17, 2021

3t Enermech, an alliance between UK-based energy industry training firm 3t Energy and oilfield services provider EnerMech, has won a contract with the UK Government, 'which will help to shape future training requirements for Mozambique’s growing oil and gas workforce…

Subsea 7 Expects 2021 Results to be Adversely Impacted by Virus, But Forecasts Rise in Revenue

Feb 25, 2021

Offshore installation contractor Subsea 7 expects its 2021 results to be adversely impacted by costs associated with the Covid-19 pandemic, including more contagious, new variants of the virus.Despite this, the company expects that revenue in 2021 will exceed the 2020 revenue level…

UTEC Nets Coral Sul Survey Work Offshore Mozambique

Feb 25, 2021

UTEC, an offshore energy survey firm, has won a survey contract in Mozambique to support the development of Eni's Coral Sul ultra-deepwater FLNG development. Under the contract, awarded by oilfield services giant TechnipFMC, UTEC will be responsible for pre-lay surveys…

UK-based Enermech Eyes Oil & Gas Work in Mozambique

Feb 23, 2021

Aberdeen-based energy industry services company EnerMech has appointed Celestino Maússe to the newly created role of Mozambique country manager as the company seeks to expand its business as local activity ramps up.In his new role, Enermech said…

Vroon PSVs Support ENI's Drilling Campaign Offshore Mozambique

Dec 11, 2020

Italian oil and gas company Eni has chartered two Vroon platform supply vessels to support its offshore drilling project in Mozambique.Vroon said this week that the contract with ENI was on a long-term drilling project, with Vroon providing…

Mozambique Unaware of Total, Exxon Offshore Resource Sharing Talks

Nov 27, 2020

Mozambique's National Petroleum Institute said on Friday it had not yet been notified of any intention by ExxonMobil and Total to renegotiate a resource-sharing agreement for their massive LNG projects in the country.Reuters reported earlier…

Report: ExxonMobil, Total in Talks Over Mozambique Gas Resource-sharing Deal

Nov 26, 2020

ExxonMobil and Total are in negotiations over their massive LNG projects in Mozambique, with each seeking to extract more gas from a shared field that straddles the two developments and cut costs, three sources familiar with the matter told Reuters…

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