The CEO of ExxonMobil, Darren Woods, recently said that he will go ahead with the Final Investment Decision (FID) for the Rovuma LNG project, in partnership with Eni, as soon as safety issues allow, in the north of Cabo Delgado province.
In fact, the project's progress is conditional on the effective return of the French oil company TotalEnergies, which this year lifted the suspension imposed in 2021 due to terrorist attacks. As a result, Exxon was forced to halt its activities, but in the meantime, according to Wood, the company has used the years to refine the project and come up with the concept.
https://mznews.co.mz/en/cabo-delgado-gas-governo-define-regresso-da-totalenergies-este-mes-e-anteve-dfi-da-exxonmobil-em-2026/
“This work is already underway. Therefore, I believe that we will be able to move forward quickly after the suspension of the force majeure situation, to take the Final Investment Decision and proceed with the project with agility,” said Wood.
The information was given during the podcast Zero from Bloomberg Green in São Paulo, during the COP30 climate summit.
During his visit to the United States, the head of state, Daniel Chapo, had already mentioned the US oil company's “conditionality” in moving ahead with the project.
https://mznews.co.mz/en/mocambique-assina-dois-acordos-de-50-milhoes-com-a-exxonmobil/

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