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Mozambique

ENI CEO Claudio Descalzi during CERAWeek, in Houston, US, 19 March 2024. © Callaghan O'Hare / Reuters

Spotlight
ENI's setbacks at Coral Norte leave TotalEnergies and ExxonMobil in limbo

Conditions for the development of Italian major ENI's second FLNG in Mozambican waters are proving to be much less commercially favourable than those for the first, launched in 2022.

Subscribers only Energy 30.07.2025

Daniel Chapo and his wife at Mozambique's 50th Independence anniversary in Maputo, 25 June 2025. © Luisa Nhantumbo/ MaxPPP

Spotlight
TotalEnergies and ExxonMobil must go through Chapo's gatekeepers

Since the new Mozambican head of state came to power five months ago, oil giants have grown accustomed to working with two close presidential aides rather than Ministry of Energy officials.

Subscribers only Infrastructure, Energy, Politics 22.07.2025

Rwandan military troops depart for Mozambique at Kigali International Airport, 10 July 2021. © Jean Bizimana / Reuters

Maputo resumes funding Rwandan forces tasked with securing Mozambique LNG

The Mozambican government has begun to settle its financial arrears with Kigali. However, uncertainty surrounding the duration of the Rwandan military mission in the north of the country still lingers.

Subscribers only Energy Running story - Cabo Delgado 08.07.2025

Oil waste management company Moz Environmental under pressure in Cabo Delgado

The Mozambican subsidiary of the French group Séché is feeling the heat from the gas province authorities who are set on closing down its waste treatment plant.

Subscribers only Energy Running story - Cabo Delgado 23.06.2025

Glass half empty for TotalEnergies deputy's visit

TotalEnergies' President of Exploration and Production met two of President Daniel Chapo's advisors and Minister of Natural Resources Estevao Pale.

Subscribers only Energy Running story - Cabo Delgado 10.06.2025

Running story
Cabo Delgado: a gas Eldorado and security nightmare

The development of Cabo Delgado province's vast gas resources has brought with it the emergence of an armed insurgency, one that is yet to be clearly defined but is already impinging on Total and ExxonMobil's operations there.

Subscribers only Defence, Energy, Diplomacy 08.07.2025

TotalEnergies introduces drastic security measures on Mozambique LNG

Before lifting the force majeure on Mozambique LNG, the French major wants to ensure the safety of all staff in the zone.

Subscribers only Energy 09.06.2025

Rwandan soldiers near Palma, Mozambique, in September 2021.

Spotlight
Russian bank VTB awarded $352m from Manuel Chang and three former Credit Suisse employees

A US court has ordered restitution be made to the London arm of a sanctioned Russian bank defrauded in Mozambique's hidden debt scandal, piling financial penalties onto key figures behind the $2bn fraud.

Subscribers only Finance 02.06.2025

Mozambique's former finance minister Manuel Chang in Maputo, in May 2014.

Spotlight
Maputo's failure to pay Kigali's security bill alarms oil majors

The Rwanda Defence Force has been part of Mozambique's counterinsurgency in northern Cabo Delgado since 2021. TotalEnergies and ExxonMobil, whose gas projects rely on this support, are doing all they can to ensure Maputo resumes paying for it.

Subscribers only Defence, Energy 26.05.2025

Mozambican police officers accompanied by soldiers from Rwanda's special counter-terrorism units in Palma, Mozambique, 18 December 2023.

Expert duo out to conquer Portuguese-speaking military markets

At the helm of the consulting firm Iberian Falcata, Colonel José Baltazar and Antonio Bras Monteiro are stepping up international collaboration in order to fit out the armies of Portuguese-speaking Africa.

Subscribers only Defence 23.05.2025

ExxonMobil's first teams start to arrive back at Rovuma LNG in Afungi

On behalf of ExxonMobil, the Italian firm Bonatti is due to complete the refurbishment of a base capable of housing 500 people by the end of August.

Subscribers only Energy 08.05.2025

Spotlight
Mozambique LNG overspending sparks debate at TotalEnergies

Since its start in 2019, the vast liquified natural gas project has suffered a string of delays that has significantly increased spending. As a result, the government will see its future revenue impacted.

Subscribers only Energy 06.05.2025

TotalEnergies' HQ in Paris's La Defense business district, in 2022.

Battle intensifies for next employers' confederation head

Several candidates are going head-to-head on 14 May in the battle to succeed Agostinho Vuma as head of the employers' confederation, the CTA. Given the proximity of the body to the ruling Frelimo party, the stakes are high.

Subscribers only Business 05.05.2025

Cabo Delgado: EU plans to maintain financial aid to Rwandan army

Despite the war in DRC, the European External Action Service is arguing against immediate suspension of financial aid for the Rwanda Defence Force in the north of Mozambique.

Subscribers only Defence, Diplomacy 28.04.2025

Spotlight
Washington argues for return of $640m to sanctioned Russian bank VTB

After convicting former Mozambican Finance Minister Manuel Chang in the "hidden debt" affair, the United States has assessed the loss at $640 million. This sum is claimed by the subsidiary of a Russian bank under US sanctions.

Subscribers only Finance, Politics 22.04.2025

Former Mozambique's Finance Minister Manuel Chang in Washington on April 21, 2012.

Spotlight
US lobbying plays crucial role in obtaining US Exim Bank loan for Mozambique LNG

The US oil companies were instrumental in getting the US credit agency to approve a loan to ensure the project's development in Cabo Delgado province. But the funds will not be coming through immediately.

Subscribers only Energy 10.04.2025

TotalEnergies' Mozambique LNG project in Cabo Delgado, Mozambique, under Rwandan guard on 29 September 2022.

Demobilisation of TotalEnergies' subcontractors labour force on Mozambique LNG : true or false ?

The French oil company claims to not have requested any demobilisation at its Afungi site in northern Mozambique.

Subscribers only Energy 25.03.2025

TotalEnergies awaits EXIM Bank's decision on Mozambique LNG

At the French major's HQ, there are high hopes of speedy support from America's EXIM bank for the mega gas project in the Cabo Delgado province. The organisation's board is due to discuss the matter in Washington in the coming weeks.

Subscribers only Diplomacy 06.03.2025

Spotlight
ExxonMobil makes steady progress on its LNG project

Unlike TotalEnergies on Mozambique LNG, US major ExxonMobil intends to accelerate its development of Rovuma LNG despite many challenges.

Subscribers only Energy 04.03.2025

Spotlight
TotalEnergies stands down Mozambique LNG's subcontractors

Despite its optimistic pronouncements of late, the French major is standing down hundreds of employees based in the Afungi area, where its future liquefaction trains will be located.

Subscribers only Energy 28.02.2025

The TotalEnergies gas complex in Afungi, Cabo Delgado, September 2021.

SADC's late call to unite behind Madagascar's AU Commission candidate

The Southern Africa Development Community has come out in support of the Madagascan Richard Randriamandrato for the position of chairperson.

Subscribers only Diplomacy 14.02.2025

Pouyanné's enthusiasm about Mozambique LNG takes Maputo by surprise

Speaking at a press conference in Paris on 5 February, TotalEnergies' CEO said he was particularly optimistic about the resumption of the LNG project, suspended due to force majeure since April 2021.

Subscribers only Energy 07.02.2025

TotalEnergies CEO Patrick Pouyanné in Davos, Switzerland, 23 January 2025.

Spotlight
Macron sets course for Indian Ocean's southern islands

The French head of state is due to attend an Indian Ocean Commission summit in Madagascar in April, and may also visit the islands of La Réunion and Mauritius.

Subscribers only Diplomacy 28.01.2025

French President Emmanuel Macron and his Madagascan counterpart Andry Rajoelina at the 19th Summit of the Francophonie in Villers-Cotterets, France, 24 October 2024.

After Chang's conviction, US tries to calculate the complex compensation

Mozambique's former finance minister has been convicted in the so-called "hidden debts" case. However, the amount that should compensate investors for their losses has yet to be determined. It's a complex task in a complex case.

Subscribers only Politics, Business 27.01.2025

Spotlight
Gemfields scales back emerald and ruby ambitions in southern Africa

The world leader in coloured gemstones has scaled back operations in Zambia and Mozambique after disappointing auctions. In Madagascar, the British group is no longer welcome in the sapphire sector after it brought a corruption case against an adviser to Andry Rajoelina.

Subscribers only Mining 21.01.2025

Gemfields CEO Sean Gilbertson at the African Mining Indaba 2022 conference in Cape Town, South Africa, 11 May 2022.

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Morocco
The incessant fall of flour milling company Forafric

DRC
Washington deal: intricacies behind Tshisekedi's poker move

Mozambique

Spotlight
ENI's setbacks at Coral Norte leave TotalEnergies and ExxonMobil in limbo

Spotlight
TotalEnergies and ExxonMobil must go through Chapo's gatekeepers

Maputo resumes funding Rwandan forces tasked with securing Mozambique LNG

Oil waste management company Moz Environmental under pressure in Cabo Delgado

Glass half empty for TotalEnergies deputy's visit

Running story
Cabo Delgado: a gas Eldorado and security nightmare

TotalEnergies introduces drastic security measures on Mozambique LNG

Spotlight
Russian bank VTB awarded $352m from Manuel Chang and three former Credit Suisse employees

Spotlight
Maputo's failure to pay Kigali's security bill alarms oil majors

Expert duo out to conquer Portuguese-speaking military markets

ExxonMobil's first teams start to arrive back at Rovuma LNG in Afungi

Spotlight
Mozambique LNG overspending sparks debate at TotalEnergies

Battle intensifies for next employers' confederation head

Cabo Delgado: EU plans to maintain financial aid to Rwandan army

Spotlight
Washington argues for return of $640m to sanctioned Russian bank VTB

Spotlight
US lobbying plays crucial role in obtaining US Exim Bank loan for Mozambique LNG

Demobilisation of TotalEnergies' subcontractors labour force on Mozambique LNG : true or false ?

TotalEnergies awaits EXIM Bank's decision on Mozambique LNG

Spotlight
ExxonMobil makes steady progress on its LNG project

Spotlight
TotalEnergies stands down Mozambique LNG's subcontractors

SADC's late call to unite behind Madagascar's AU Commission candidate

Pouyanné's enthusiasm about Mozambique LNG takes Maputo by surprise

Spotlight
Macron sets course for Indian Ocean's southern islands

After Chang's conviction, US tries to calculate the complex compensation

Spotlight
Gemfields scales back emerald and ruby ambitions in southern Africa

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About Africa Intelligence

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Africa Intelligence on social media

Indigo Publications' websites

About Africa Intelligence

Subscription

Indigo Publications' websites

Morocco The incessant fall of flour milling company Forafric

DRC Washington deal: intricacies behind Tshisekedi's poker move

Simandou, Nimba and Zogota: the long and difficult road to the start of iron ore production

Makhzen Inc. or the ever more prosperous business empire of Mohammed VI's entourage

West African cocoa cartel battles with the traders

Cyril Ramaphosa

TotalEnergies

Rio Tinto

Mohammed VI

Alassane Ouattara

Mozambique

Spotlight ENI's setbacks at Coral Norte leave TotalEnergies and ExxonMobil in limbo

Spotlight TotalEnergies and ExxonMobil must go through Chapo's gatekeepers

Maputo resumes funding Rwandan forces tasked with securing Mozambique LNG

Oil waste management company Moz Environmental under pressure in Cabo Delgado

Glass half empty for TotalEnergies deputy's visit

Running story Cabo Delgado: a gas Eldorado and security nightmare

TotalEnergies introduces drastic security measures on Mozambique LNG

Spotlight Russian bank VTB awarded $352m from Manuel Chang and three former Credit Suisse employees

Spotlight Maputo's failure to pay Kigali's security bill alarms oil majors

Expert duo out to conquer Portuguese-speaking military markets

ExxonMobil's first teams start to arrive back at Rovuma LNG in Afungi

Spotlight Mozambique LNG overspending sparks debate at TotalEnergies

Battle intensifies for next employers' confederation head

Cabo Delgado: EU plans to maintain financial aid to Rwandan army

Spotlight Washington argues for return of $640m to sanctioned Russian bank VTB

Spotlight US lobbying plays crucial role in obtaining US Exim Bank loan for Mozambique LNG

Demobilisation of TotalEnergies' subcontractors labour force on Mozambique LNG : true or false ?

TotalEnergies awaits EXIM Bank's decision on Mozambique LNG

Spotlight ExxonMobil makes steady progress on its LNG project

Spotlight TotalEnergies stands down Mozambique LNG's subcontractors

SADC's late call to unite behind Madagascar's AU Commission candidate

Pouyanné's enthusiasm about Mozambique LNG takes Maputo by surprise

Spotlight Macron sets course for Indian Ocean's southern islands

After Chang's conviction, US tries to calculate the complex compensation

Spotlight Gemfields scales back emerald and ruby ambitions in southern Africa

Create a notification

About Africa Intelligence

Subscription

Africa Intelligence on social media

Indigo Publications' websites

Morocco
The incessant fall of flour milling company Forafric

DRC
Washington deal: intricacies behind Tshisekedi's poker move

Spotlight
ENI's setbacks at Coral Norte leave TotalEnergies and ExxonMobil in limbo

Spotlight
TotalEnergies and ExxonMobil must go through Chapo's gatekeepers

Running story
Cabo Delgado: a gas Eldorado and security nightmare

Spotlight
Russian bank VTB awarded $352m from Manuel Chang and three former Credit Suisse employees

Spotlight
Maputo's failure to pay Kigali's security bill alarms oil majors

Spotlight
Mozambique LNG overspending sparks debate at TotalEnergies

Spotlight
Washington argues for return of $640m to sanctioned Russian bank VTB

Spotlight
US lobbying plays crucial role in obtaining US Exim Bank loan for Mozambique LNG

Spotlight
ExxonMobil makes steady progress on its LNG project

Spotlight
TotalEnergies stands down Mozambique LNG's subcontractors

Spotlight
Macron sets course for Indian Ocean's southern islands

Spotlight
Gemfields scales back emerald and ruby ambitions in southern Africa