Last year, the Mozambique Sovereign Fund (FSM) received 84.72 million dollars in revenue from the extractive industry, mainly...
Oil & Gas

Cabo Delgado/ TotalEnergies: Maxime Rabilloud assures continuity of Mozambique LNG project
The President of TotalEnergies in Mozambique, Maxime Rabilloud, assured this week in Pemba that the development of the...

Cabo Delgado: ExxonMobil to contract 70% from national companies for Rovuma Basin project
The American multinational ExxonMobil said yesterday in Maputo that it will contract 70% from Mozambican companies to supply goods and services...

Brazilian oil company wants to acquire oil fields in Africa
The Brazilian company Petróleos Brasil (Petrobras) intends to acquire oil fields on the African continent and has already set its sights on three countries...

Cabo Delgado: TotalEnergies suspends subcontracts for Mozambique LNG project
TotalEnergies is suspending all its subcontracts with companies based on the Afungi peninsula, in the province of Cabo...

ExxonMobil and Field Ready join hands to train young people in the Oil & Gas sector
ExxonMobil Moçambique, Limitada, as the Delegated Midstream Operator for Area 4 of the Mozambique Basin Project,...

Cabo Delgado: TotalEnergies begins negotiations with Palma peasants who are claiming their land
TotalEnergies, responsible for liquefied natural gas exploration in Area 1 of the Rovuma Basin, in the Palma district,...

President of ExxonMobil reaffirms commitment to LNG exploration in Cabo Delgado
US multinational ExxonMobil has reaffirmed its commitment to continue its efforts to develop its exploration project...

Cabo Delgado: Confidential documents reveal harmful impact of TotalEnergies project on the environment
Confidential documents reveal that the project, led by oil company TotalEnergies, to explore for natural gas in the Rovuma basin, in...

ExxonMobil has already invested more than 20 million dollars in local content in Mozambique
US oil company ExxonMobil has announced that it has invested more than 20 million dollars in Mozambique since 2017 as part of...

Investors plan to abandon Rovuma natural gas project in Cabo Delgado
The British government wants to withdraw from the Rovuma basin natural gas project in Cabo Delgado province, confirmed...

TotalEnergies awaits approval of US bank financing for Cabo Delgado
The chairman and chief executive officer of multinational Total Energies said he expects the US Export-Import Bank (EXIM)...