Technip Energies Secures Coral Norte FLNG Contract in Mozambique

GlobeNewswire Inc.GlobeNewswire Inc.
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Key Takeaway

Technip Energies wins major contract for Coral Norte FLNG project in Mozambique alongside JGC and Samsung Heavy Industries, with hull launch scheduled for January 2026.

Technip Energies Secures Coral Norte FLNG Contract in Mozambique

Technip Energies has been awarded a major contract by Mozambique Rovuma Venture for the Coral Norte floating liquefied natural gas (FLNG) project located offshore Mozambique. The engineering, procurement, and construction services will be delivered through a consortium including JGC Corporation and Samsung Heavy Industries, positioning the three firms as key players in the development of the nation's second FLNG facility.

The Coral Norte project is designed as an enhanced iteration of the Coral Sul FLNG facility, which has established operational precedent for the region. According to the project timeline, the hull launch is scheduled for January 2026, marking a significant milestone in the development phase. The project underscores continued investment in Mozambique's LNG infrastructure and represents a substantial commitment to expanding the country's liquefied gas production capacity.

This contract award reflects growing activity in subsea energy development and demonstrates the strategic importance of floating LNG technology for resource-rich nations seeking to monetize offshore gas reserves. The consortium's involvement signals confidence in the technical approach and operational framework established by the Coral Sul project, which serves as the foundation for Coral Norte's design and execution strategy.

Source: GlobeNewswire Inc.

Back to newsPublished Feb 24

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