This story requires a subscription
This includes a single user license.
Mozambique Rovuma Venture (MRV), an Eni-participated joint venture, awarded the contract to Technip Energies, in partnership with Japan’s JGC and South Korea’s Samsung Heavy Industries.
Technip Energies said in a statement that this contract accumulates with the one previously announced for early works and confirms the continued advancement of Technip Energies’ scope of work on the Coral Norte FLNG project.
The firm did not provide the pricing details of the contract.
The previous contract for early works represented a value between 250 million euros and 500 million euros ($294.5 million – $589 million) of revenue.
Through early works and the adoption of the Coral Sul FLNG replica concept, the project is progressing fast, and the hull launch took place on January 16, 2026, in Geoje, South Korea, Technip Energies said.
Building on the success of Coral Sul, and together with JGC and Samsung Heavy Industries, this award “further strengthens our long-standing partnership with Eni and their Area 4 partners,” Technip Energies said.
More than $7 billion
Last year, Eni and its partners took a final investment decision on the second FLNG project in Mozambique worth more than $7 billion.
The Italian company has a 50 percent operating stake in the JV.
Other partners include CNPC (20 percent), Kogas (10 percent), ENH (10 percent), and Adnoc’s XRG (10 percent).
The FLNG measures 432 meters in length and 66 meters in width, making it large enough to line up four soccer fields end to end, according to Samsung Heavy.
With a 3.6 mtpa liquefaction capacity, Coral North will double Mozambique’s total LNG output to 7 mtpa.
Eni said this unit will position the country as Africa’s third-largest LNG producer and exporter, strengthening its role as a key player in the global energy market.
