ExxonMobil has awarded about $1.1 billion worth of pre-investment contracts for certain upstream equipment for the Rovuma liquefied natural gas (LNG) Phase 1 project, a major natural gas development in the deep waters of the Rovuma Basin offshore northern Mozambique.
The awards cover subsea production systems, large-bore production valves and offshore line pipe, and are intended to support the project’s progress toward a final investment decision (FID), according to Reuters.
Led by the US oil major, the project is a joint venture (JV) between Mozambique’s Empresa Nacional de Hidrocarbonetos (ENH), China National Petroleum Corporation (CNPC), Italy’s Eni, Korea Gas Corp and XRG that is affiliated to Abu Dhabi National Oil Company (ADNOC)
ExxonMobil had lifted force majeure on the Rovuma LNG project in November after pausing operations in 2021 due to security concerns in the southern African country.
The project stands on a deepwater Area 4 block which contains over 85 trillion cubic feet (tcf) of natural gas, which will provide resources for multiple world-class LNG projects.
The project involves the construction of onshore liquefaction trains designed to have a capacity of 18 million tons per year (mt/y) of LNG.
