Coral South FLNG remains on track
ExxonMobil confirms Mozambique LNG halt
Oil major confirms another Mozambican LNG project is on hold for security reasons
The Rovuma or Area 4 LNG project in Mozambique has been halted for now, but operator ExxonMobil says that they are “ready to resume affected activities once security conditions allow.” ExxonMobil did not confirm a force majeure, although the oil major already delayed a final investment decision (FID) on the project even before the security situation deteriorated further. The US major tells Petroleum Economist that it “remains committed to working with the government to further develop Mozambique’s gas resources” and “mitigate the impacts” of the local unrest, but declined to give any details of their talks with Maputo, or when they might hope to be able to resume work. But ExxonMobil is also
Also in this section
17 February 2026
The 25th WPC Energy Congress, taking place in Riyadh, Saudi Arabia from 26–30 April 2026, will bring together leaders from the political, industrial, financial and technology sectors under the unifying theme “Pathways to an Energy Future for All”
17 February 2026
Siemens Energy has been active in the Kingdom for nearly a century, evolving over that time from a project-based foreign supplier to a locally operating multi-national company with its own domestic supply chain and workforce
17 February 2026
Eni’s chief operating officer for global natural resources, Guido Brusco, takes stock of the company’s key achievements over the past year, and what differentiates its strategy from those of its peers in the LNG sector and beyond
16 February 2026
As the third wave of global LNG arrives, Wood Mackenzie’s director for Europe gas and LNG, Tom Marzec-Manser, discusses with Petroleum Economist the outlook for Europe’s gas market in 2026
