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Mozambican chemical industry news
12 March 2026
SPIE Global Services Energy Appoints François Nicot as Sub-Saharan Africa Director
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.
2 March 2026
Galp 4Q & FY25 Financial Results
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.
26 February 2026
Technip Energies 2025 Financial Results
Strong 2025 results with revenue and EBITDA growth, dividend increase, share buyback, and strategic acquisition. Positive outlook for 2026 with robust backlog and sustainability focus.
24 February 2026
Technip Energies Secures Contract for Mozambique Coral Norte LNG Project
Coral Norte, Mozambique's second FLNG, progresses with proven design, enhancing efficiency and LNG capacity, following Coral Sul's success.
23 February 2026
Sasol Advances Strategic Goals, Meets CMD Targets
Sasol reports stable turnover, improved production, and reduced costs. Despite lower earnings, free cash flow rose, supported by strategic initiatives and disciplined management.
23 February 2026
Sasol Advances Strategic Goals, Meets CMD Targets
Despite a challenging macro environment, Sasol improved production, managed costs, and increased free cash flow, while advancing its Grow and Transform strategy.
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29 January 2026
TotalEnergies Restarts Mozambique LNG Project Activities
Mozambique LNG project resumes, creating jobs and boosting local economy. First LNG expected in 2029, with significant local content and socio-economic benefits.
16 January 2026
Eni Launches Coral North FLNG Hull
Coral North FLNG hull launched in South Korea, doubling Mozambique's LNG output by 2028, enhancing efficiency, and boosting local economy and job creation.
18 December 2025
TechnipFMC Wins Subsea Contract for Coral North FLNG in Mozambique
TechnipFMC to execute EPC contract for Coral North FLNG, leveraging experience from Coral South. Tasks include manufacturing and installing flowlines, risers, manifolds, and umbilicals.
4 December 2025
Eni and Gulf Development Sign Long-Term LNG Agreement
Eni will supply 0.8 MTPA of LNG to Thailand for 10 years, starting 2027, expanding its Asian presence and aiming for a 20 MTPA portfolio by 2030.
3 December 2025
Eni and BOTAŞ Sign Long-Term LNG Agreement
Eni will supply BOTAŞ with 0.4 MTPA of LNG for 10 years from 2028, aligning with its strategy to diversify and expand its global LNG portfolio.
2 December 2025
TotalEnergies Clarifies Mozambique LNG Project Financing
Mozambique LNG partners replace UKEF and Atradius with additional equity after force majeure. 90% of lenders remain committed. Concerns raised over human rights reports in Cabo Delgado.
6 November 2025
Sasol Develops Methane Rich Gas Solution for South Africa's Post-2028 Gas Supply
Sasol plans to supply Methane Rich Gas from 2028-2030 to bridge South Africa's gas supply gap, pending regulatory approval, while transitioning to LNG for long-term needs.
6 November 2025
Sasol Develops Methane Rich Gas Solution for South Africa's Post-2028 Gas Supply
Sasol plans to supply Methane Rich Gas from 2028-2030 to bridge the gas supply gap, pending regulatory approval, while transitioning to LNG for long-term needs.
30 October 2025
Technip Energies 9M 2025 Results
Revenue and EBITDA up 9% Y/Y. Acquired Ecovyst's AM&C business. Major LNG contract in the US. Strong outlook in LNG, decarbonization, and sustainable fuels.
27 October 2025
Galp Q3 2025 Financial Results
Strong Q3 performance with robust cash flow, reduced net debt, and strategic progress in Brazil and Namibia. Upstream, Industrial, and Commercial segments showed solid results.
24 October 2025
Eni Q3 and Nine-Month 2025 Results
Strong Q3 performance with increased cash generation, share buyback, and production growth. Strategic projects in LNG, biorefining, and CCUS advance, maintaining low leverage and stable dividends.
10 October 2025
Argentina's President Meets Eni CEO Descalzi
Eni and YPF signed a key agreement for the Argentina LNG project, advancing towards a 12 MTPA LNG phase, leveraging FLNG technology and Vaca Muerta expertise.
7 October 2025
Galp Updates on Mozambique Area 4 Progress
Galp to receive $100m from Coral North FLNG FID; $400m contingent on Rovuma LNG FID. Initiates arbitration over Mozambique capital gains tax dispute.
2 October 2025
Eni Finalizes Investment for Mozambique's Coral North Project
The Coral North FLNG project in Mozambique aims to boost LNG production to over 7MTPA by 2028, enhancing economic growth and job creation.
