Technip Energies Wins Mozambique LNG Contract for Eni and Partners

Technip Energies has secured a major contract for a liquefied natural gas (LNG) project in Mozambique operated by Eni and its partners. According to Reuters, the deal is part of the company's strategy to expand its LNG portfolio in Africa. Under the contract, Technip Energies will provide engineering, procurement, and construction (EPC) services for the Coral South FLNG facility in the Cabo Delgado region of northern Mozambique. The project is being developed by a consortium led by Eni and aims to deliver natural gas resources from the region to international markets. This development strengthens Technip Energies' strong position in the LNG sector and supports its goal of becoming a key player in the global energy transition. While the financial details of the agreement have not been disclosed, the project is expected to be completed by 2026. This is not investment advice.