chemXplore tracks 2 projects in Mozambique, of which 2 are active.
Of the active ones, 2 new construction.
4% annual energy growth to 2030; $10bn free cash flow uplift 2025–2030; $14–17bn/yr capex 2027–2032; dividend +5%/yr to 2030 and planned buybacks.
LOI covers preliminary engineering, procurement and technical services worth about €11m for upstream offshore scope; final EPCI award depends on FID and government/regulatory approvals expected in 2026.
Operational gains, cost control and market recovery drove stronger earnings; capex fell 18%, renewables expanded, and dividend remains paused until net debt is sustainably below US$3bn.
LOI covers $32M for preliminary engineering and procurement to advance project definition; final EPC award depends on FID and government/regulatory approvals expected in 2026.
LOI covers limited engineering and procurement to advance project definition toward a 2026 FID; Phase 1 targets 18.6 mtpa from 12 modular trains with start-up in 2031.
Order intake €12.7bn raised backlog to €25bn; H1 revenue €3.7bn and EBITDA €212m after provisions; Project Delivery margin guidance reduced for 2026.
Coral Norte FLNG will produce ~3.6 Mtpa, doubling the Coral hub to 7 Mtpa and placing Mozambique among Africa’s top three LNG producers.
Q1: E&P +9% to 1.8 mln boe/d; ~1bn boe discovered; FY CFFO raised to €13.8bn; Plenitude demerger, Acea adds clients to reach 11m; Enilive FIDs two biorefineries; proforma gearing 15%
François Nicot, with 30+ years in energy and construction, will lead growth and diversification in Sub-Saharan Africa, focusing on renewable energy and O&M model evolution.
Strong 2025 performance with €2.2bn cash generation, 4% DPS increase, and €250m buyback. Key growth in Brazil, Namibia, and Sines. Net debt at €1.3bn, FCF at €81m.
