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Enthusiasm is already high among the companies retained by...

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    Enthusiasm is already high among the companies retained by TotalEnergies before the force majeure was declared, notably the CCS joint venture made up of McDermott, Saipem and Chiyoda. Hiring has already begun with a view to quickly resuming work (AI, 06/03/23).

    But after certain announcements made by Saipem executives, TotalEnergies instructed the firms involved in Mozambique LNG not to say anything about the timetable for the resumption of work. Total’s subcontractors are meanwhile asking for more money to cover cost increases, which the French firm is refusing.

    Source: Africa Intelligence

    Japan, Mozambique Confirm Cooperation in LNG ProjectPolitics May 4, 2023 20:58 (JST)
    Maputo, Mozambique, May 4 (Jiji Press)--Japan on Thursday agreed to help Mozambique resume its liquefied natural gas development project, one of the biggest such projects in Africa.Japanese Prime Minister Fumio Kishida and Mozambique's president, Filipe Nyusi, confirmed the cooperation at a meeting in Maputo, the capital of the African country.In the project, whose investors include Japanese trading house Mitsui & Co. <8031>, construction work is being halted mainly due to a deterioration in the local security situation."Our country will implement assistance to help restore stability of the local area," Kishida told a joint news conference with Nyusi.The two leaders agreed to encourage the private sector so that Japanese companies will invest more in Mozambique.

    TotalEnergies quietly prepares for resumption of Mozambique LNG – Africa Intelligence | Club of Mozambique
 
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