Your account has been succesfully created.

Subscribe now

Spotlight MOZAMBIQUE Issue dated 07/07/2020

Total, Société Générale, TechnipFMC... French groups reign supreme in LNG

Read this article in our running story

“Southern Africa progresses towards the start of gas production”

SOUTH AFRICA MOZAMBIQUE NAMIBIA

Southern Africa progresses towards the start of gas production

As a future gas production zone, South Africa, Mozambique and Namibia carry the hopes of the super-majors Total, ENI and ExxonMobil. They represent a new opportunity for investors as Africa's traditional oil and gas-producing countries are increasingly struggling to maintain production. [...]

Total's arrival in Mozambique in September 2019, which marked a high point in France's efforts to establish its presence in the southern African country, was only the cherry on the cake of a wider-ranging campaign in which French banks and companies were already heavily involved. [...] (712 words)

This article may be accessed by subscribers and e-wallet holders (EUR 9.60)
Log in to read more

Subscribe to
Africa Intelligence
or
Pay-Per-Article

E-wallet
starting from 30 EUR

Subscribe or Pay-Per-Article

Discover our offers

Not reader yet?
Create an account to access our FREE SECTION

A free issue

A selection of articles

New editions' summaries

Keyword notifications to follow people or topics of interest to you

A free issue and a selection of free articles

Summaries and email notifications

On the same subject

AFRICA 29/03/2021

Shell, ExxonMobil, Sasol step up for Covid vaccines and spy opportunity

Oil companies, convinced that the hydrocarbon sector's recovery, particularly in Africa, will go hand in hand with vaccination, are helping out with inoculation programmes. Some are investing in the lucrative market for storing vaccines. [...]

SADC 10/03/2021

Advisory firm helps SADC map infrastructure to keep Total's gas in the region

To ensure gas produced in southern Africa does not bypass the regional market altogether, the SADC secretariat would like to see the bloc members adhere to a combined strategy. [...]

MOZAMBIQUE 08/03/2021

ExxonMobil and ENI push back their LNG plans, but Total sticks to its schedule

The Covid-19 pandemic and the uprising in Cabo Delgado have prompted most operators to revise their medium-term plans. Their main financial partner, Standard Bank, reckons the delays will last between several months and several years. [...]

Spotlight MOZAMBIQUE 10/02/2021

The local content trio squaring up to Total, ENI, and ExxonMobil

The majors working in the north of Mozambique are set to have less and less latitude as local content legislation takes form. [...]

Tony Elumelu and Emmanuel Macron in Lagos on July 4, 2018.

Spotlight NIGERIA 02/02/2021

After Macron, tycoon Tony Elumelu adds Amundi to his growing French connections

Elumelu turned to Amundi, a Crédit Agricole subsidiary, to expand his family-owned holding company's oil portfolio. The Nigerian philanthropist and business mogul, who was instrumental in organising Emmanuel Macron's 2018 visit to Lagos, has ramped up his dealings with French companies. [...]

ANGOLA 29/01/2021

Belltree uses Luanda-Edinburgh network to land contract with state petroleum agency ANPG

To help win a contract to assess opportunities in Angola's oil sector, the Scottish consultancy Belltree has turned to the well-connected businessman Bráulio de Brito, president of the UK-Angola Chamber of Commerce. [...]

AFRICA FRANCE 27/01/2021

France's EDF charges on with off-grid plans

The French electric utility company EDF has solicited the European Investment Bank (EIB) for $60m to help develop its off-grid projects in Africa. [...]

Spotlight MOZAMBIQUE MAYOTTE ISLAND 26/01/2021

Total eyes Mayotte as possible rear base for Mozambique LNG

Total is hoping to set up a logistics base in Mayotte for its Mozambican offshore operations. The French island for its part is looking at the bigger picture and dreams of becoming the major's permanent rear base in the Indian Ocean. [...]

MOZAMBIQUE 26/11/2020

Sasol in a dilemma over its Zambesi Basin partnership with ENI as pandemic rages on

Italian major ENI is due to see drilling start in the first quarter of 2022 on offshore block A5-AI shared with South African group Sasol, which is in financial difficulty. [...]

Spotlight MOZAMBIQUE 17/11/2020

After 'hidden debt' affair, Iskandar Safa goes into oil logistics in Pemba

The head of logistics at Iskandar Safar's Privinvest, Arnaud Lelouvier, has opened a new branch specialised in gas operations in Cabo Delgado. [...]

MOZAMBIQUE ANGOLA 16/11/2020

Once the star of Total's Kaombo project, Heerema takes a hard fall

In the space of two years the Dutch oil services firm Heerema has sold off all its African assets, unable to weather the gloomy oil market and its divorce from TechnipFMC. [...]

MOZAMBIQUE 10/09/2020

Total relies on high-level go-betweens to strengthen its relations with Frelimo

French major Total is increasingly feeling the need to establish closer communications with the governing Frelimo regime. [...]

AFRICA 07/09/2020

Bolloré Africa Logistics profits halved

Despite a stable turnover last year, the French operator is suffering the effects of a 2019 year marked by the loss of its concession in Douala. [...]

MOZAMBIQUE 20/08/2020

Zakher leads way on gas services partnership between Maputo and Abu Dhabi

The firm owned by the businessman Hassan El Ali recently signed a deal with Mozambique's national oil company ENH, thereby becoming one of the first Dubai-based operators to invest in the country's gas sector. [...]

Spotlight UNITED KINGDOM MOZAMBIQUE 22/07/2020

Total's block 1: Exports minister Stuart ready to plant Union Jack in Mozambican LNG

As a member of the Commonwealth, Mozambique could find itself a prime target of a post-Brexit UK in search of trade opportunities. Yet the Minister for Exports and head of UK Export Finance has found himself stuck between entrepreneurs and NGOs warning against the environmental impact of gas rigs. [...]

Adriano Maleiane, Mozambican minister of finance.

Spotlight MOZAMBIQUE 17/07/2020

Maputo suspends eurobond repayments

For the second time since 2016, Mozambique has frozen its repayments to investors who bought in to its $900m eurobond. [...]

MOZAMBIQUE 16/07/2020

Local content still major source of tension between Total, ENI, ExxonMobil and state

The oil majors, Total, ENI and ExxonMobil, are continuing to exert pressure on the state to avoid having to meet strong local content requirements. The Ministry of Mineral Resources and Energy is to take advice from a consulting company on the subject. [...]

Spotlight MOZAMBIQUE 17/03/2020

Local content: fragmented bombshell heading Frelimo and Total/Exxon's way

After being bottom on the list of the Frelimo government's concerns since the development of the giant Rovuma Basin gas reserves began in 2010, local content is creeping back up in the pecking order. The question now is whether it [. [...]

MOZAMBIQUE 18/02/2020

INP roasts ExxonMobil, ENI and Total over local content

The three majors have been given a stiff warning over their laxist approach to the country's local content laws. [...]

MOZAMBIQUE 29/01/2019

Former finance minister Chang and allies banked on gas for hidden loans

The former finance minister and his accomplices played on booming gas prices to set up their plan. [...]

Spotlight AFRICA 03/07/2018

Shell still needs to play catch-up after BG purchase

As both BP and ExxonMobil take a major bet on the continent, and Total and ENI ramp up their African investments, Shell is nearly the only Western major to be dragging behind. Africa Energy Intelligence examines the Anglo-Dutch major's botched [. [...]

Spotlight MOZAMBIQUE 20/02/2018

Government's waiting game wears down majors' patience

Two years after the vast call for tenders launched with great pomp by the Instituto Nacional de Petroleo (INP), the majors that had been awarded a block have become completely disillusioned with the whole affair. [...]

MOZAMBIQUE 10/10/2017

CGG's hunt for new Mozambican Eldorado

French concern CGG (Compagnie generale de geophysique) has launched into [...]

Spotlight MOZAMBIQUE 25/11/2016

Secret loans: same old same old dressed up as new?

Just as Mozambique is trying to fix things up with the IMF, to which it is in default, Mozambique Assets Management (MAM), Ematum and Proindicus, whose mammoth dodgy loans have thrown the country into chaos, continue to operate. [...]

MOZAMBIQUE 30/06/2015

Groups scrambling for acreage in new licensing round

The majors are jostling for position with less than a month to go before bids are to be submitted for Mozambique’s fifth licensing round. [...]

Spotlight MOZAMBIQUE 18/11/2014

Doubts grow among oil companies despite Rovuma’s reserves

The American operator Anadarko is becoming impatient about the long time it takes for Mozambique’s government to reach decisions in the gas sector. And elsewhere, Maputo’s move to award the logistic base project to Orlean Invest at Pemba port has [. [...]

Spotlight MOZAMBIQUE TANZANIA 07/03/2014

Paris prospects beyond its back yard

The French minister for international trade Nicole Bricq went to Mozambique and Tanzania along with a large delegation of companies from 3 to 7 March, to help French business catch up by taking advantage of the country's good political relations [. [...]

On our other sites

Intelligence Online 26/08/2020

Sophie Zhou Goulvestre helps attract French strategic projects to Shanghai

Sophie Zhou Goulvestre, who has consulted for EDF and Société Générale, is helping Shanghai to draw in French aeronautical and artificial intelligence know-how. [...]

Prabowo Subianto in Jakarta during the 2019 presidential campaign.

Intelligence Online 03/07/2020

Prabowo Subianto faces legal action over presidential campaign plane debt

Indonesia's defence minister and presidential also-ran allegedly still owes money to the Maltese company that supplied his electoral campaign jet. [...]

Receive free prompts for these topics

MOZAMBIQUE
3C Metal
3C Metal Belmet
Alex Battaglia
AMT
Anadarko
Aurélien Debacker
Bertrand Noyelle
BNP Paribas
Bolloré
Bolloré Logistics Mozambique
Bpifrance
Catering International & Services
CGG
Constructions mécaniques de Normandie
Crédit agricole
EDF
Ematum
Empresa Nacional de Hidrocarbonetos
ENI
ExxonMobil
Filipe Nyusi
Fluor
Foselev
Friends of the Earth
Instituto Nacional de Petroleo
International Monetary Fund
Iskandar Safa
JGC Corp
Kroll
Lion's Head Global Partners
Mozambique Asset Management
Natixis
Peschaud & Cie International
Philippe Boy
Privinvest
Proindicus
Red Transport & Logistics
Saipem
Samsung Heavy Industries
Sasol
Schlumberger
Shell
Société générale
Sodexo
TechnipFMC
Total

New: Sign up for real-time alerts and be notified of new editions!

Once registered, you will be notified by a short message on your computer or mobile phone as soon as a new edition of our publication or an alert is published. Stay informed anytime, anywhere!

By continuing your visit to this site, you accept the use of cookies allowing us to adapt and enhance your experience. Read more

The many lives of David Salama, go-to offshore specialist for sovereign wealth funds and oligarchs

Tunis tries to defuse its debt bomb to avoid going into default

Erdogan sets out to conquer Africa

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

Debt diplomacy

Total, Société Générale, TechnipFMC... French groups reign supreme in LNG

Southern Africa progresses towards the start of gas production

This article may be accessed by subscribers and e-wallet holders (EUR 9.60) Log in to read more

Already have an account? Log in

Subscribe toAfrica IntelligenceorPay-Per-Article

Subscribe or Pay-Per-Article

Not reader yet?Create an account to access our FREE SECTION

Free Articles

NNPC set to beat Conoil to Chevron's stake in offshore blocks 86 and 88

Ex-chamber of mines boss Simon Tuma-Waku to grow agricultural business

Beijing and New Delhi court Indian Ocean armies

Shell, ExxonMobil, Sasol step up for Covid vaccines and spy opportunity

Advisory firm helps SADC map infrastructure to keep Total's gas in the region

ExxonMobil and ENI push back their LNG plans, but Total sticks to its schedule

The local content trio squaring up to Total, ENI, and ExxonMobil

After Macron, tycoon Tony Elumelu adds Amundi to his growing French connections

Belltree uses Luanda-Edinburgh network to land contract with state petroleum agency ANPG

France's EDF charges on with off-grid plans

Total eyes Mayotte as possible rear base for Mozambique LNG

Sasol in a dilemma over its Zambesi Basin partnership with ENI as pandemic rages on

After 'hidden debt' affair, Iskandar Safa goes into oil logistics in Pemba

Once the star of Total's Kaombo project, Heerema takes a hard fall

Total relies on high-level go-betweens to strengthen its relations with Frelimo

Bolloré Africa Logistics profits halved

Zakher leads way on gas services partnership between Maputo and Abu Dhabi

Total's block 1: Exports minister Stuart ready to plant Union Jack in Mozambican LNG

Maputo suspends eurobond repayments

Local content still major source of tension between Total, ENI, ExxonMobil and state

Local content: fragmented bombshell heading Frelimo and Total/Exxon's way

INP roasts ExxonMobil, ENI and Total over local content

Former finance minister Chang and allies banked on gas for hidden loans

Shell still needs to play catch-up after BG purchase

Government's waiting game wears down majors' patience

CGG's hunt for new Mozambican Eldorado

Secret loans: same old same old dressed up as new?

Groups scrambling for acreage in new licensing round

Doubts grow among oil companies despite Rovuma’s reserves

Paris prospects beyond its back yard

Sophie Zhou Goulvestre helps attract French strategic projects to Shanghai

Prabowo Subianto faces legal action over presidential campaign plane debt

Receive free prompts for these topics

First visit

Contacts

Tools

Free services

Follow us

A website edited by

Indigo Publications also publishes:

This article may be accessed by subscribers and e-wallet holders (EUR 9.60)
Log in to read more

Already have an account?
Log in

Subscribe to
Africa Intelligence
or
Pay-Per-Article

Not reader yet?
Create an account to access our FREE SECTION