
TotalEnergies Confirms Mozambique LNG Budget at $20.5 Billion, Prepares for Restart
TotalEnergies CEO Patrick Pouyanné confirmed the Mozambique LNG project remains budgeted at $20.5 billion as work transitions toward construction.

TotalEnergies CEO Patrick Pouyanné confirmed the Mozambique LNG project remains budgeted at $20.5 billion as work transitions toward construction.

TotalEnergies has lifted the four-year force majeure on its $20 billion Mozambique LNG project, with operations expected to start in 2029 pending government approval of an updated plan.

McDermott has completed its first subsea project in Angola, connecting five wells to the Pazflor FPSO for TotalEnergies’ Begonia development.

Morimatsu has delivered 8,000 tons of heavy columns, including a 120-meter propane–propylene fractionator, from China to Saudi Aramco’s Amiral Project in Jubail. The milestone marks the first acceptance of large-scale Chinese-manufactured towers by Aramco.

TotalEnergies has been selected to develop France’s largest renewable energy project, the Centre Manche 2 offshore wind farm, a €4.5 billion investment set to power over one million homes by 2033.
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