Daewoo E&C Selected for Rovuma LNG Phase 1 Project in Mozambique
Daewoo Engineering & Construction has been appointed as the EPC contractor for the Rovuma LNG Phase 1 project in Mozambique. The project aims to establish a liquefaction facility with an annual capacity of 18.6 million tons of LNG, utilizing an innovative electric-driven method.
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Daewoo Engineering & Construction secured a Letter of Intent from ExxonMobil Mozambique for the Rovuma LNG Phase 1 project, where it will serve as the prime contractor through the SMDC joint venture. This extensive project will develop an LNG liquefaction plant and a large gas-fired combined-cycle power plant, with the final investment decision anticipated by the end of 2026.
The facility is set to produce 18.6 million tons of LNG annually, employing eco-friendly electric motors for operations. Daewoo E&C plans to initiate full-scale construction upon signing the main contract, highlighting its capability as a leading contractor in the global EPC market. The successful execution could enhance Daewoo's position in the LNG sector and contribute to its long-term growth strategy.
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