
Saipem, Jan De Nul Sign Rovuma LNG Phase 1 LOI with ExxonMobil
Saipem and Jan De Nul have signed an LOI with ExxonMobil for preliminary engineering, procurement and technical work on the Rovuma LNG Phase 1 development in Mozambique.

Saipem and Jan De Nul have signed an LOI with ExxonMobil for preliminary engineering, procurement and technical work on the Rovuma LNG Phase 1 development in Mozambique.

McDermott Energy Solutions (UK) has received an LOI from ExxonMobil Moçambique for engineering and procurement work on Rovuma LNG Phase 1 ahead of a planned 2026 FID.

ExxonMobil CEO Darren Woods said the company is close to lifting the force majeure on its Rovuma LNG project in Mozambique and will move “fairly quickly” toward a final investment decision once the suspension ends.

Reuters reported that Exxon Mobil is looking to lift force majeure on its $30 billion Mozambique LNG project as security improves.
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