LNG project offshore Mozambique one step shy of FID

The operator of a deepwater block off the coast of Mozambique, Mozambique Rovuma Venture (MRV), comprising ExxonMobil, Eni, and China National Petroleum Corporation (CNPC), has taken the last step before making a final investment decision (FID) by inking front-end engineering design (FEED) contracts enabling potential contractors to compete for the engineering, procurement, and construction (EPC) of the country’s proposed liquefied natural gas (LNG) project.