McDermott Awarded FEED Contract in Mozambique

McDermott, through a consortium with Saipem and China Petroleum Engineering and Construction Corporation, has been awarded a front-end engineering design (FEED) contract for the Rovuma LNG Phase 1 Project in Mozambique, a joint venture between ExxonMobil Development Africa B.V., Eni S.p.A. and CNODC Dutch Cooperatief U.A.

The Rovuma LNG Phase 1 project represents a significant development for the country and provides a significant opportunity for economic growth. The project includes liquefaction and export of natural gas extracted from the Offshore Area 4 fields off the Afungi Peninsula in Mozambique.

"LNG helps shape an entirely new era of energy solutions and McDermott plays a significant role in this global shift with more than 60 years of LNG experience," said Rob Shaul, Senior Vice President of McDermott's Low Carbon Solutions business. "McDermott is well established in Mozambique and can apply this knowledge and experience to continue the country's industrial, social and economic development."

The FEED contract scope of work includes the modular design of a greenfield LNG production facility in Afungi, all associated gas pre-treatment units and the utilities and offsite systems to support the LNG production. The plant will have an overall production capacity of 18 million tons per annum (MTPA). The scope of work also includes the engineering, procurement and construction proposal.

Work on the project will be executed from McDermott's office in London.

Technip Energies and JGC Corporation awarded FEED contract by ExxonMobil for the Rovuma LNG project in Mozambique

Technip Energies (PARIS: TE) and JGC Corporation have been awarded the Front-End Engineering Design (FEED) contract by ExxonMobil – on behalf of Mozambique Rovuma Venture (MRV), a joint venture of ExxonMobil, Eni, and CNPC – for the Rovuma LNG project at Palma in the Afungi peninsula, Northeast of Mozambique.

The Rovuma LNG project will consist of an LNG plant with a total production capacity of 18 Mtpa(1), comprising 12 fully modularized LNG trains of 1.5 Mtpa each.

The plant design will feature electric-driven LNG trains instead of gas turbines, reducing greenhouse gases emissions compared to conventional LNG projects. It will also include prefabricated and standardized modules to be assembled at the project site in Mozambique, offering cost competitiveness and certainty in delivery schedule.

Mario Tommaselli, SVP Gas and Low Carbon Energies of Technip Energies commented: “We are honored to have been selected by ExxonMobil and its partners to design the Rovuma LNG project. By leveraging our expertise in modularization and electrified LNG, we are committed to support ExxonMobil and its partners towards final investment decision, as well as strengthening our presence in Mozambique to contribute to long-term economic growth and its ambition to become one of Africa’s leading LNG exporters.”

Farhan Mujib, Representative Director, President of JGC, commented: “We are pleased to have been awarded by ExxonMobil and its partners, large-scale and environmentally efficient LNG Project in Mozambique. With the global focus on decarbonization and energy security, the JGC Group is accelerating the promotion of energy transition, and this project is firmly in line with the direction of our strategy. We are convinced this project of national significance will contribute to enhance economic and industrial growth in Mozambique and East Africa."

Commercial Operations of the Alexandroupolis LNG Terminal

Gastrade is pleased to announce that the Commercial Operations Date of the LNG Alexandroupolis Terminal is confirmed for October 1st, 2024, following the successful completion of all commissioning tests.

The imminent commencement of operations at the LNG Alexandroupolis Terminal marks the completion of a project with prominent European, National and local significance.

The Project will enhance Greece’s leadership role in energy and will contribute to the diversification of gas resources, to the energy security and the establishment of a liquid regional gas trading hub in Southeast and Central Europe.

The Project will also support the expansion and will strengthen the perspective of the Vertical Corridor Initiative.

The entire Gastrade Team is thrilled to begin commercial operations of the LNG Alexandroupolis Terminal, coinciding with the new Gas Year, very soon.

NFE’s Fast LNG Asset Receives DOE Long-Term Authorization for LNG Export to Non-FTA Countries

New Fortress Energy Inc. (NASDAQ: NFE) (“NFE” or the “Company”) is pleased to announce that it has received authorization from the United States Department of Energy (“DOE”) to export up to ~1.4 million tonnes per annum of LNG to non-Free Trade Agreement countries from its Fast LNG 1 (“FLNG 1”) asset located offshore Altamira, Mexico for a term of five years. In combination with the previously received Free Trade Agreement authorization granted by the DOE, our FLNG 1 asset is now able to export LNG to markets and customers worldwide.

“This important authorization cements NFE’s position as a leading global vertically integrated gas to power company and enhances the marketability of our FLNG 1 asset. NFE is now able to freely supply cheaper and cleaner natural gas to underserved markets across the world and further our goal of accelerating the world’s energy transition,” said Wes Edens, Chairman and CEO of New Fortress Energy.