ADNOC to acquire Galp’s stake in Mozambique’s Area 4 concession
Abu Dhabi National Oil Company (ADNOC) has marked a significant stride in its international expansion by acquiring a 10% interest from Galp in the Area ... Read More
Maritime tragedy strikes Mozambique with dozens dead, including children
In a devastating maritime disaster, at least 94 individuals have lost their lives after an overcrowded makeshift ferry sank off the north coast of Mozambique, ... Read More
Globeleq acquires majority stake in Mocuba solar PV plant in Mozambique
Globeleq, the leading independent power company in Africa, has made a significant stride in expanding its renewable energy portfolio in Mozambique. The company has completed ... Read More
Mphanda Nkuwa Hydropower Project : EDF, TotalEnergies, and Sumitomo selected to develop 1.5GW project
A consortium comprising EDF (40%), TotalEnergies (30%), and Sumitomo Corporation (30%) has been selected as a strategic partner by the Government of Mozambique for the ... Read More
Gravita India commissions aluminum recycling plant in Mozambique
Gravita India Ltd, a Jaipur-based recycling company, said that one of its step down subsidiaries in Mozambique has begun commercial production of aluminum from its ... Read More
Mozambique Area 1 LNG project : Afreximbank commits $400m funding
The Mozambique Area 1 LNG project, which is being planned to be developed by Total and its partners with an investment of $20 billion-$24 billion, ... Read More
Mozambique LNG project : Total signs $14.9bn financing agreement
French oil and gas giant Total has secured financing for the $20 billion Mozambique LNG project with the signing of a $14.9 billion senior debt ... Read More
Mozambique LNG project FID taken by Anadarko and partners
Mozambique LNG project FID : Anadarko Petroleum and its Mozambican Offshore Area 1 partners have made a final investment decision (FID) on the Mozambique LNG ... Read More