
Technip Energies Wins Coral Norte FLNG Contract in Mozambique
Technip Energies, with JGC and Samsung Heavy Industries, wins an MRV contract to advance Coral Norte FLNG offshore Mozambique, following early works and a hull launch in Geoje.

Technip Energies, with JGC and Samsung Heavy Industries, wins an MRV contract to advance Coral Norte FLNG offshore Mozambique, following early works and a hull launch in Geoje.

The African Development Bank has approved a $150 million senior loan for Eni’s Coral Norte FLNG project in Mozambique’s Rovuma basin, part of an offshore LNG development costing over $7 billion and forecast to generate above $20 billion in government revenues.

Samsung Heavy Industries is poised to secure a KRW 3.5 trillion offshore contract for Mozambique’s Coral Norte FLNG project, with Eni expected to issue a final investment decision soon.
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