East Africa ///

Total provides refuge for 10,000 at its Mozambique LNG site after Islamic State attack

An estimated 10,000 people fleeing an insurgent attack in northern Mozambique have sought refuge in a village within the concession area of Total SE’s $20 billion natural gas project, with more still arriving, according to two people with direct knowledge.

Dozens killed in Islamic State raid near Total Mozambique LNG project

It’s the latest in a series of incidents that are undermining the southern African country’s hopes of developing some of the continent’s biggest private investment projects. As much as $120 billion of investments by Total, Exxon Mobil Corp. and other companies may be approved by 2026, according to Standard Bank Group Ltd.

Rebel attack leads Total to evacuate Mozambique LNG staff

Total SE is evacuating most of the remaining employees from its liquefied natural gas project in northern Mozambique as insurgents attacked a town nearby, throwing Africa’s biggest private investment into disarray.

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 E&P 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.

Tullow and Total retain Natixis to sell Kenyan oilfield stakes

Tullow Oil and Total have started the process to sell part of their stakes in oil discoveries in Kenya, said people familiar with the matter.

South Sudan tenders environmental study following “years of neglect” of its oil sector

South Sudan's President, Salva Kir, seeks to reverse the "lack of environmental standards and guidelines" in its oil and gas activities, as the East Central African nation seeks to ramp up production.

Total’s Mozambique LNG project lands $400 million loan

Total SA’s giant Mozambique gas project will get a $400 million loan from the African Development Bank, adding to its list of backers as the East African nation works to establish a fuel-export industry.

Exxon awards $13 billion in Mozambique LNG contracts

Exxon Mobil awarded contracts worth about $13 billion to three companies including JGC Holdings Corp. to build a giant liquefied natural gas plant in northern Mozambique, the country’s oil and gas regulator said.

Exxon awards contract for Africa’s biggest-ever private project

Exxon Mobil Corp. awarded a JGC Corp.-led group a contract to develop its Mozambique liquefied natural-gas project, which is set to be the biggest-ever private investment in Africa.

Exxon will approve Africa’s largest LNG project, says Mozambique

Mozambique’s government said Exxon Mobil will sign off on an initial investment decision for a liquefied natural gas project that could cost as much as $33 billion to build -- the biggest ever in Africa.

TechnipFMC awards Benthic geotechnical contract offshore Mozambique

Benthic has secured an offshore geotechnical and geophysical contract from TechnipFMC for the Golfinho development