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ExxonMobil awards roughly $1.1 billion contract for Mozambique Rovuma LNG

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E Eni Spa ADR
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  1. 1ExxonMobil (XOM) and its partners have awarded a roughly $1.1 billion contract for long-lead equipment and early works on Phase 1 of the Mozambique Rovuma LNG project
  2. 2The scope covers subsea production systems, large-diameter valves, and offshore line pipe, and does not constitute a final investment decision
  3. 3Pre-ordering long-lead equipment reduces supply-chain delay risks and supports the planned 18.6 million tonnes-per-year liquefaction facility

This 3-line summary is compiled from the report below.

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