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Mozambique LNG Area 1 (TotalEnergies)

Country
Mozambique
Sector
Oil & Gas
Intelligence Type
Project
Status / Stage
Under Construction
Estimated Value
USD Billion 20.5
Confidence
Confirmed

TotalEnergies formally lifted force majeure on the $20.5bn Mozambique LNG Area 1 project on 7 November 2025 and announced the full restart of all onshore and offshore construction activities at the Afungi site on 29 January 2026 alongside Mozambique President Daniel Chapo. As of TotalEnergies’ Q2 2026 earnings update, the project is approximately 45% complete with 7,000–8,000 workers on site. First LNG production from Trains 1 and 2 (13.1 MTPA combined) is targeted for 2029. The revised budget is approximately $20.5bn, including roughly $4.5bn in incremental costs incurred during the force majeure period.

Project Details

Project TypeOnshore LNG liquefaction plant + deepwater upstream (Golfinho & Atum fields, Rovuma Basin Area 1)
Project OwnerTotalEnergies (operator, 26.5%); Mitsui (20%); ONGC Videsh (10%); BPRL (10%); PTTEP (8.5%); ENH Mozambique (15%); Mozambique Government (10%)
Project SponsorTotalEnergies SE (operator)
Main ContractorTechnipFMC / Saipem / McDermott (EPC consortium – Trains 1 & 2)
Start Date2019 (original FID); restarted January 2026
Expected CompletionFirst LNG: 2029
Current PhaseConstruction
Funding StatusClosed

Key Issues / Risks

Security in Cabo Delgado remains the single largest risk — the restart depends on continued Rwandan and SADC security presence in the region. TotalEnergies also requested a 10-year production concession extension to compensate for the five-year suspension. The revised $20.5bn budget includes ~$4.5bn in incremental force-majeure costs, raising financing pressure. Train 3-4 expansion has not been sanctioned.

Latest Development (Detail)

As of TotalEnergies' Q2 2026 earnings call (July 2026): 45% complete, 7,000–8,000 workers on site, on track for 2029 first LNG. CEO Pouyanné stated: 'When we compare to the progress curve, we are almost at 45% of completion.' Local contracts worth more than $4bn are expected to be awarded to Mozambican companies over the construction period, with up to 7,000 Mozambican jobs at peak.

What Happens Next

Continued ramp-up of workforce toward peak 7,000 Mozambican workers; Train 1 mechanical completion milestones expected before year-end 2026. Watch for any update on Train 3-4 expansion sanctioning.

Commercial Opportunity

One of the largest procurement programmes ever run on the African continent — civil works, LNG equipment, marine logistics, camp services, catering and environmental services. $4bn-plus in local procurement targeted over the construction period.

Stakeholder Intelligence

Key Organizations / Companies InvolvedRwandan Defence Forces + SADC Mission in Mozambique (SAMIM) — security framework supporting the restart; US Exim Bank ($4.7bn financing approved March 2025); Export credit agencies from France, Italy, UK; Mozambican government confirmed 10-year production concession extension

Procurement & Contract Outlook

Expected Next MilestoneTrain 1 mechanical completion (2027-2028 (estimated))

Commercial Opportunity Intelligence

Potential BeneficiariesLNG offtakers (long-term contracts already signed); EPC contractors; engineering/technical services; Mozambican civil and environmental consultants; marine logistics operators; energy-transition investors (diversified LNG supply)
Opportunity SignalRestart confirmed after 5-year suspension — the largest single recommencement of African energy construction in the current cycle.
Commercial ReadinessCommercially Active

Source & Verification Trail

Last VerifiedAugust 2026
Source(s)TotalEnergies Q2 2026 earnings call; TotalEnergies press release 29 Jan 2026; Club of Mozambique (April 2026, August 2026); SPE Journal of Petroleum Technology; The Energy Year; US Trade.gov Mozambique LNG Market Intelligence
Source DateJuly–August 2026