Exxon Commits US$1.1 Billion to Mozambique's Rovuma LNG Before Final Decision

MOZAMBIQUE · ENERGY

Key Facts

—The award: ExxonMobil Mocambique, Limitada has awarded roughly US$1.1 billion in pre-investment contracts on behalf of the Area 4 co-venturers. The announcement is dated Monday 17 August, in Maputo, and covers Rovuma LNG Phase 1.

—What it buys: The contracts cover engineering, procurement and manufacturing of subsea production systems, large bore production valves and offshore line pipe. ExxonMobil describes them as long-lead upstream equipment and early site construction activities.

—The largest package: OneSubsea UK Limited and OneSubsea AS take the biggest contract, with in-country support from Aker Solutions Mocambique, Limitada. It covers subsea production systems, controls and umbilicals.