Dutch ocean-towing company ALP will tow Eni’s giant FLNG vessel Coral Sul (South) from South Korea to Mozambique, and will also assist with the mooring operations once on location. ALP on Monday said that TechnipFMC and JGC had contracted it to provide a spread of five vessels related to the towing and positioning of the…
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The president of the National Petroleum Institute (INP) of Mozambique on Thursday said that the security that oil companies need in Cabo Delgado can make operations more expensive and a recoverable cost. “Naturally, due to the situation – which the government and authorities are making efforts to resolve as soon as possible – measures are…
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The Mozambican Government and the Kingdom of Norway on Wednesday signed an agreement that provides for Norway to strengthen Mozambique in the management of future natural gas revenues. “An agreement has been signed to strengthen oil management which is sensitive and needs to be managed correctly,” said Verónica Macamo, Mozambique’s Minister of Foreign Affairs. “It…
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The Mozambican economy is expected to grow at increasingly positive rates of between 4.2% in 2020 and 9.9% in 2024, the year in which the country may already be exporting liquefied natural gas (LNG), according to the latest report from the Economist Intelligence Unit (EIU) about the country. In 2019, the economy grew at a…
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