French engineering firm Technip Energies has won a major contract for the Coral Norte floating liquefied natural gas (FLNG) project offshore Mozambique, reinforcing the country’s position as a key player in Africa’s growing LNG industry. The contract was awarded by Italian energy major Eni and its partners following a final investment decision on the project, which is expected to expand gas production in the Rovuma Basin and strengthen Mozambique’s role in global energy supply. Industry reports indicate the development will leverage expertise gained from the successful Coral Sul FLNG project, which began exports in 2022. As reported by Reuters and CNBC Africa, the project represents another significant milestone in the development of Mozambique’s vast offshore gas reserves.
Under the agreement, Technip Energies will undertake engineering, procurement, construction, installation, and commissioning activities for the Coral Norte FLNG facility. According to company disclosures, the vessel is expected to have a liquefaction capacity of approximately 3.5 million tonnes of LNG per year, mirroring the Coral Sul project. Eni, which operates the Coral North development on behalf of its partners, said the project is designed to monetize gas resources from the Coral reservoir while supporting long-term energy demand in international markets.
The award comes amid renewed investor interest in African natural gas projects as Europe and Asia seek diversified energy supplies. Mozambique possesses some of the largest natural gas reserves discovered globally in recent decades, attracting billions of dollars in investment from international energy companies. Market analysts note that floating LNG projects offer a faster route to production compared with large onshore developments, reducing infrastructure requirements while accelerating exports. The contract also highlights continued confidence in Mozambique’s offshore energy sector despite security and operational challenges that have affected parts of the country’s gas industry.
