ExxonMobil Engages McDermott for Rovuma LNG Engineering Services
McDermott receives a letter of intent from ExxonMobil for engineering work on the Rovuma LNG Phase 1 project. This development aims to support project planning ahead of a final investment decision in 2026, with significant economic implications for Mozambique.
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ExxonMobil Moçambique Limitada has awarded McDermott Energy Solutions (UK) a letter of intent for engineering and procurement services for the Rovuma LNG Phase 1 midstream development. This project is crucial as the Area 4 partners, including McDermott, Saipem, Daewoo Engineering & Construction, and China Petroleum Engineering & Construction Corporation, prepare for a final investment decision anticipated in 2026.
The Rovuma LNG facility is designed to have 12 liquefaction trains with a total capacity of 18.6 million tonnes of LNG annually, with operations expected to commence in 2031. The project is projected to generate approximately $150 billion in revenues for Mozambique over its lifespan and could significantly boost the country's GDP by around $11 billion annually while creating over 150,000 jobs.
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