The President of the Republic, Filipe Nyusi, said Tuesday that Total will return to Mozambique when everything is calm
Oil & Gas
"We will be back," says Total's president after meeting with Filipe Nyusi in Paris
Patrick Pouyanné guarantees that the company is only waiting for safety conditions to be restored before resuming activities in Mozambique
Delay in Mozambique gas projects hampers debt repayment - Consultant
The consultancy Capital Economics said on Friday that the delay in gas projects in Mozambique will make it "complicated" to pay interest on the sovereign debt from 2023 onwards
Sasol sells 30% of its stake for R5 five billion to pay off debt
In a debt crisis for several years now, the South African petrochemical company, Sasol, has already started to divest part of its assets in Mozambique
"Exit of Total subcontractors shows that Mozambique is insecure for Investment"
In Cabo Delgado, at least two companies subcontracted by Total for its liquefied natural gas project have begun dismantling and removing infrastructure in Palma
"Mozambique Hasn't Prepared for the Implications of Mega-Projects" -Alda Salomão
Environmental activist Alda Salomão believes that Mozambique has not organized itself properly for the natural gas mega-projects
Eni Maintains Drilling Plans in Angoche
Italian oil company Eni is still planning to open at least one oil exploration hole later this year
"Total Won't Have Big Problems Supporting the Shutdown of Operations in Cabo Delgado"
The French oil company Total should not have major problems in supporting the stoppage of operations in Cabo Delgado