Mozambique’s Rovuma LNG moves closer to FID as McDermott receives letter of intent
Published on: Sunday 09 August 2026
By Newsbase analysts Africa’s largest private investment inches closer to making a financing decision. What: Operator ExxonMobil Mocambique has provided McDermott with a letter of intent to commence limited engineering and procurement services for Rovuma LNG. Why: The project’s partners are keen to make a final investment decision in the coming mon...