ExxonMobil in Mozambique Awards McDermott Letter of Intent for Rovuma LNG Project

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    "url": "https://www.prnewswire.com/news-releases/exxonmobil-in-mozambique-awards-mcdermott-letter-of-intent-for-rovuma-lng-project-302845439.html",
    "title": "ExxonMobil in Mozambique Awards McDermott Letter of Intent for Rovuma LNG Project",
    "excerpt": "HOUSTON , Aug. 6, 2026 /PRNewswire/ -- McDermott Energy Solutions (UK) Limited, a subsidiary of McDermott and a majority shareholder in the SMDC joint venture with Saipem S.p.A., Daewoo Engineering & Construction Co. Ltd. and China Petroleum Engineering & Construction Corporation (CPECC), has been awarded by ExxonMobil Moçambique Limitada, on behalf of the Area 4 partners, a letter of intent including limited engineering and procurement services for the continuation of the Rovuma LNG Phase 1 midstream development. This work supports continued project definition and planning as the Area 4 partners progress toward a final investment decision, expected in 2026. The SMDC joint venture brings extensive global experience in the engineering, procurement, and construction of LNG facilities. \"Our work on Rovuma LNG builds on McDermott's established LNG expertise in Mozambique and our disciplined approach to execution,\" said Michael McKelvy, Chief Executive Officer and Chair of the Board for McDermott. \"Our experience on Mozambique LNG, combined with our long-term commitment to the country, positions us to deliver critical infrastructure that supports Mozambique's emergence as a major global LNG supplier.\" The Rovuma LNG project onshore development is expected to include 12 modular liquefaction modules designed to produce 18.6 million tonnes of LNG per year, with start-up anticipated in...",
    "product": "Rovuma LNG project",
    "summary": "ExxonMobil is developing the Rovuma LNG project, which is expected to include 12 modular liquefaction modules designed to produce 18.6 million tonnes of LNG per year, with start-up anticipated in 2031.",
    "location": "Mozambique",
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    "image_url": "https://mmx.prnewswire.com/media/MS475475/McDermott-v1-Logo.jpg?id=OA2834027&p=facebook",
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    "published_at": "2026-08-06T20:37:00Z",
    "location_data": [
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        "region": "Eastern Africa",
        "country": "Mozambique",
        "continent": "Africa",
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    "effective_date": "2031-01-01",
    "article_sentence": "The Rovuma LNG project onshore development is expected to include 12 modular liquefaction modules designed to produce 18.6 million tonnes of LNG per year, with start-up anticipated in 2031."
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