ExxonMobil and Mozambique advance Rovuma LNG project toward investment decision

Mozambican President Daniel Francisco Chapo and ExxonMobil Vice President Dan Ammann met in New York to discuss the progress of the Rovuma LNG project in the Rovuma Basin. ExxonMobil officials indicated that the project is approaching a Final Investment Decision (FID).

Discussions focused on the project's potential to drive economic development, job creation, and capacity building in Mozambique. Both parties emphasized the importance of local content to ensure Mozambican companies and workers participate in the liquefied natural gas opportunities. Additionally, the meeting addressed operational security and the energy transition.

In related developments for the project, ExxonMobil and its partners have invited companies to submit expressions of interest for land transportation services. Furthermore, a consortium consisting of Saipem and Jan de Nul has been selected for the project’s upstream engineering, procurement, construction, and installation (EPCI) contract.