KEY POINTS Shell Plc is in preliminary discussions with several companies, including a unit of Abu Dhabi National Oil Co., about selling a minority interest in its A$34 billion ($24 …
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LNG Project
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In the NewsMarketsOil & Gas
TotalEnergies Restarts Construction on $20bn Mozambique LNG Project After Five-Year Pause
KEY POINTS TotalEnergies has formally restarted construction of its $20 billion Mozambique LNG project, bringing to an end a nearly five-year suspension of one of Africa’s largest energy investments. Work …
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In the NewsOil & Gas
TotalEnergies Seeks $4.5 Billion Cost Boost for Mozambique LNG Project Amid Delays
KEY POINTS French energy giant TotalEnergies is seeking government approval from Mozambique to raise the development cost of its massive liquefied natural gas (LNG) project by an additional $4.5 billion, …
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In the NewsOil & Gas
TotalEnergies Ends Four-Year Freeze on $20 Billion Mozambique LNG Project as Security Improves
KEY POINTS French energy giant TotalEnergies has officially lifted the force majeure order on its $20 billion Mozambique liquefied natural gas (LNG) project, marking a cautious but significant step towards …
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In the NewsOil & Gas
TotalEnergies Prepares to Revive $20 Billion Mozambique LNG Project After Four-Year Halt
KEY POINTS Mozambique signaled a breakthrough for one of Africa’s most ambitious energy ventures after President Daniel Chapo said Thursday that conditions have been met for TotalEnergies SE to restart …
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KEY POINTS Eni SpA and its consortium partners have approved the long-awaited Coral North floating liquefied natural gas (FLNG) development offshore Mozambique, a move expected to transform the country’s role …
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KEY POINTS Italian oil and gas major Eni SpA is preparing to sign off on a long-awaited final investment decision (FID) for Mozambique’s Coral North liquefied natural gas project, setting …