Rovuma LNG partners award about $1.1 billion in pre-FID contracts

ExxonMobil Mozambique, on behalf of the Area 4 partners, awarded about $1.1 billion of pre-investment contracts for long-lead equipment for Rovuma LNG Phase 1 in Cabo Delgado. OneSubsea took the largest award, for subsea production systems, controls and umbilicals. The orders let suppliers start fabrication ahead of a final investment decision that has not yet been taken.

• Total value of pre-investment contracts: about $1.1 billion
• Largest award: OneSubsea for subsea production systems, controls and umbilicals
• Other scope: large-bore production valves and offshore line pipe
• Partners: ENH, CNPC, Eni, KOGAS and XRG; ExxonMobil is operator