Exxon Lifts Force Majeure on Rovuma LNG Project, Targeting 2026 FID
Exxon Mobil has lifted force majeure on its Rovuma LNG project in Mozambique, clearing the way for progress toward a 2026 final investment decision and first LNG exports in 2030.
Exxon Mobil has lifted force majeure on its Rovuma LNG project in Mozambique, clearing the way for progress toward a 2026 final investment decision and first LNG exports in 2030.
Uganda’s petroleum regulator says the $5 billion East Africa Crude Oil Pipeline is now about 75% complete, with all pipe delivered along the 897-mile route to Tanzania’s Tanga port. The heated export line is critical for bringing TotalEnergies and CNOOC’s Albertine Basin oil developments online next year.
Nigeria’s Dangote Group will invest $1 billion in a petroleum pipeline project in Zimbabwe, part of the company’s broader plan to expand energy infrastructure across Africa, CEO Aliko Dangote said.
Chevron is nearing a final investment decision to expand Israel’s Leviathan gas field, but exports to Egypt remain on hold pending government approval. The $35 billion deal with Blue Ocean would send 130 Bcm of gas via new pipelines through 2040.
ExxonMobil is preparing to lift force majeure on its $30 billion Rovuma LNG project in Mozambique as security improves, paving the way for a 2026 final investment decision and positioning the country as a rising global LNG hub.
ExxonMobil has delayed its final investment decision on the $30-billion Rovuma LNG project in Mozambique until TotalEnergies restarts its adjacent $20-billion Mozambique LNG venture. The two projects share key infrastructure, and TotalEnergies is seeking revised terms from the government.
Energean Israel signed a 15-year transmission deal with Israel Natural Gas Lines for the Nitzana pipeline, advancing plans to link Israel’s gas network with Egypt and expand East Mediterranean export capacity.
Uganda’s planned $4 billion refinery in Hoima is expected to strengthen the country’s oil and gas infrastructure and fuel growth in regional pipeline development.
Sasol is working with Johannesburg officials to address safety risks after an informal settlement encroached on its Homestead Park gas pipeline. The company has reduced pipeline pressure and urged municipal action to ensure public safety.
China’s CNPC continues exporting oil from Niger’s Agadem field through its 1,950-km (1,211-mile) pipeline to Benin, generating over $2 billion in revenue despite ongoing labor and political disputes with the Nigerien government.
The HI field project will deliver 350 MMscf/d of gas to Nigeria LNG, supporting Train 7 and Shell’s broader strategy to grow global LNG capacity through 2030.
Libya’s Waha Oil Company has resumed crude flows through the Zaggut–Sidra pipeline after repairing a leak that caused a brief shutdown. The line transports oil from Waha-operated fields to the Es Sider export terminal, with production now restored to normal levels.
Mozambique President Daniel Chapo announced that conditions are in place for TotalEnergies to restart its $20 billion LNG project, halted since 2021 due to security risks. The project is expected online by 2029, boosting global LNG supply.
Eni and partners have approved the Coral North floating LNG project offshore Mozambique, a sister unit to Coral South. Once operational, the new facility will double Mozambique’s LNG export capacity to more than 7 million tons per year.
ExxonMobil is targeting South Africa as a top LNG market, with plans to develop import infrastructure and long-term supply deals as the country shifts from coal and pipeline gas to LNG imports.
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