AGP Executive Report
Last update: 5 hours agoRovuma LNG Momentum: ExxonMobil Mozambique has issued a letter of intent to McDermott Energy Solutions for limited engineering and procurement work on Rovuma LNG Phase 1 midstream development, supporting project definition ahead of a final investment decision expected in 2026; the SMDC JV (Saipem, McDermott, Daewoo E&C, CPECC) is tied to an onshore plan for 12 modular liquefaction units targeting 18.6 mtpa and start-up projected for 2031. EPC Contractor Pick: Daewoo Engineering & Construction says SMDC JV has been selected for EPC work on Rovuma LNG Phase 1 and received an LOI for preliminary design, procurement and constructability review, with full construction to follow after FID. Skills for Industry: Mozambique’s youth and sports ministry opened an “Alliance for the Future” workshop in Maputo Province, backed by Italy, to co-invest in vocational training via internships and work-study with AIMO and Ifpelac. Health Infrastructure Push: Mozambique will build two BADEA-funded health facilities in Niassa (Ngaúma and Mecanhelas), budgeted at $21m, with construction starting July 2027. Flood Aftershocks on Food: Gaza’s farming families are still facing hunger after the 2025-26 floods wiped out wells, livestock and harvests, driving up food prices.
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