Jurelmo Lopes, CEO of Mainsol Energy, talks to The Energy Year about bringing the company’s focus back to its core oilfield business in Angola, early revenue opportunities in Mozambique and the significant long-term potential of Namibia. The discussion also considers Mainsol Energy’s role in the energy transition through sustainability, local content and support services for […]
Domingos Freitas, board member of Effimax Energy, talks to The Energy Year about building a diversified upstream oil portfolio around Block KON 13 in Angola and targeting gas developments in Mozambique and São Tomé and Príncipe. Effimax Energy is a private oil and gas E&P investor in Sub-Saharan Africa. Angola remains the foundation of Effimax […]
Eni and its Area 4 partners have begun the drilling and completion campaign for the Coral North FLNG project offshore Mozambique, which is targeting startup in 2028. The partners are China National Petroleum Corp. (CNPC), ENH, KOGAS and XRG. The campaign is expected to last about 10 months. ENH-Saipem Drilling Co. SA will carry it […]
ExxonMobil has reached agreement to increase its working interest in the Rovuma LNG project in Mozambique to 50% and in Papua LNG in Papua New Guinea to 34%, the company said in its third-quarter 2026 results on Oct. 30. ExxonMobil already operates Rovuma, and the company said it has assumed operatorship at Papua LNG. The […]
SLB has commissioned a new liquid mud plant in Pemba, Mozambique, expanding its capacity to prepare, store and deliver drilling and completion fluids for offshore oil and gas operations. The facility has an initial storage capacity of 21,000 bbl and is designed to support multiple customers as offshore activity increases in Mozambique. The plant will […]
Petrobras and ENH, the national oil companies of Brazil and Mozambique respectively, have signed a memorandum of understanding, establishing cooperation in oil and gas assessment and development. The agreement coincided with Mozambican President Daniel Chapo’s visit to Brazil, where he spoke at Rio Oil & Gas 2026. “We are not looking only for suppliers. We […]
As part of its broader plan for its Rovuma LNG project, ExxonMobil has earmarked USD 4 billion for local content, according to Álvaro Massingue, president of Mozambique’s Confederation of Economic Associations (CTA). This comes after ExxonMobil officially awarded USD 1.1 billion in contracts to a variety of firms for upstream equipment and early construction activities just last […]
Mozambique’s National Hydrocarbons Company (ENH) needs US$150 million to build gas transportation, storage and regasification infrastructure between Beira and Inhassoro, the president of the state-owned company said on Saturday.
McDermott and Saipem, through their SMDC joint venture, have received a letter of intent from ExxonMobil for limited preliminary engineering and procurement services supporting the Rovuma LNG Phase 1 development in Mozambique’s Area 4 block, the companies said on Thursday.
The Mozambique LNG project is a landmark development in the country’s emerging natural gas sector, aiming to monetise significant offshore gas reserves discovered in Area 1 of the Rovuma Basin.