ExxonMobil awarded approximately $1.1 billion in pre-investment contracts for the Rovuma LNG Phase 1 project in Mozambique. The contracts cover upstream equipment including subsea production systems, large-bore valves, and offshore line pipes.
The awards advance the development toward a final investment decision anticipated in 2026. This move signals renewed momentum for the project after security concerns in Cabo Delgado province stalled progress in 2021.
OneSubsea secured the largest contract for engineering and manufacturing subsea production systems. Other suppliers include Advanced Technology Valve, Corinth Pipeworks, Sumitomo Corporation of America, and Zhejiang Jiuli Hi-Tech Metals. Aker Solutions Mozambique will provide in-country support.