WorldOil Equinor writes off its Tanzania LNG project While progress has been made in recent years on the commercial framework for the Tanzania LNG project, overall project economics have not yet improved sufficiently to justify keeping it on the balance sheet, Equinor said in a statement. Mozambique’s army combats insurgents near Total's $20B LNG project Mozambique has struggled to contain an insurgency that has left more than 2,500 people dead and caused 570,000 to flee. The violence this year prompted Total SE to evacuate workers from its $20 billion liquefied natural gas project as attacks encroached on what is Africa’s biggest private investment. Total reduces Mozambique LNG staff as rebels step up attacks nearby Fighters linked to Islamic State raided a town less than 5 kilometers (3 miles) from the construction camp this week of what is Africa’s largest private investment, ratcheting up risks for the planned LNG export terminal on Mozambique’s northern coastline. While the heavily guarded site hasn’t been attacked yet, militants have made threats that they may do so. Mozambique repels insurgent attack near Total’s $20B LNG facility Fighters who’ve aligned with Islamic State in August have already seized the port town of Mocimboa da Praia, about 42 kilometers south of Mute, raising the stakes in a conflict that’s killed about 2,500 people and caused 570,000 to flee their homes since it started three years ago. Tullow reviewing its Kenya plans as stake sale falls through Tullow Oil is undertaking a six-month review of the viability of its operations in Kenya after a planned sale of its stake in the project fell through. Total CEO meets Mozambique’s president over growing security concerns For more than a month, militants have occupied a town about 60 kilometers (37 miles) south of where Total is spending $20 billion to extract natural gas from below the ocean and export it to European and Asian customers. The violence is now creeping toward Total’s Mozambique LNG project in the far northeast. Total finalizes $16 billion Mozambique LNG financing program The amount raised, which includes a loan from the Export-Import Bank of the U.S., matches the African nation’s gross domestic product. Tullow Oil suspends Kenyan oil-export program Tullow Oil’s export and testing of Kenya’s crude under a pilot plan ended June 2, as timelines for development in the East African nation slowed. Total lands $15 billion financing commitment for Mozambique LNG project The Area 1 LNG project will generate about $38 billion in revenue for Mozambique’s government over its lifetime, supplemented by sales from an even bigger project led by Exxon Mobil in the neighboring Area 4 offshore block. W-Industries lands Total EandP Mozambique subsea support contract The contract includes engineering, manufacturing, integration, automation and testing of the Onshore Subsea Equipment related to the development of the Golfinho subsea assets.