ExxonMobil Mozambique operates three offshore blocks, A5-B in the Angoche Basin and Z5-C and Z5-B in the Zambezi Delta. It is also active in Area 4 and its related Rovuma LNG and Coral South FLNG projects. Before its 2015 entry into the upstream market, the company was already active in Mozambique as a retailer, selling refined products such as fuels, oils and waxes.
Rovuma LNG: ExxonMobil holds a 7% direct stake in Mozambique Rovuma Venture, which it leads, and a 25% indirect stake in Area 4.
Coral FLNG: ExxonMobil is active in the Eni-led Coral South FLNG project through its stake in Area 4.
The company’s FID on the USD 30-billion Rovuma LNG project is expected in 2021. In a 2020 interview, general manager Jos Evens told The Energy Year the company is also looking forward to participating in Mozambique’s sixth bidding round.
ExxonMobil Mozambique in figures
Mozambican companies registered in ExxonMobil supplier portal:At least 1,600