Exxon Awards $1.1 Billion in Contracts for Mozambique Rovuma LNG Project
ExxonMobil has awarded approximately $1.1 billion in contracts to advance the development of the Rovuma LNG Phase 1 project offshore Mozambique, signaling progress toward a final investment decision (FID). The contracts include subsea production systems from OneSubsea UK and AS, large-bore valves from Advanced Technology Valve, line pipe from Corinth Pipeworks and Sumitomo Corporation of America, and mechanically lined pipe from Zhejiang Jiuli Hi-Tech Metals. Aker Solutions Mozambique will also support the project locally. The Rovuma LNG project aims to develop natural gas resources in Area 4 off Cabo Delgado with an onshore liquefaction complex capable of producing up to 18.6 million tonnes per year, making it one of the largest new LNG developments globally. The early procurement is intended to mitigate supply chain risks and ensure timely execution once FID is reached. Despite delays due to security concerns in northern Mozambique and regional disruptions, Rovuma LNG represents a significant step toward expanding Mozambique’s role in international gas markets.
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Topics: contract awards energy LNG development