A roundup of news and commentary from NGI’s LNG Insight

  • Italian engineering contractor Saipem SpA said this week it has agreed to restart work in July on TotalEnergies SE’s Mozambique LNG project. The 12.9 million metric tons/year project was suspended in 2021 amid rising violence in the area. 
  • Saipem CEO Alessandro Puliti said during the company’s year-end earnings call that it would gradually restart work on the project, “according to the information received by our clients.”
  • TotalEnergies has not publicly said it is resuming the project. The company commissioned a report to examine the humanitarian situation in the region, which was due at the end of last month. It is still pending and expected to help the project’s partners make a decision about restarting...