Technip Energies Wins Contract for Mozambique's Coral Norte Floating LNG Facility

GlobeNewswire Inc.GlobeNewswire Inc.
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Key Takeaway

Technip Energies wins contract for Mozambique's Coral Norte floating LNG facility with partners JGC and Samsung Heavy Industries, building on the completed Coral Sul project.

Technip Energies Wins Contract for Mozambique's Coral Norte Floating LNG Facility

Technip Energies has been awarded a significant contract by Mozambique Rovuma Venture to advance development of the Coral Norte floating liquefied natural gas (FLNG) project, located offshore Mozambique. The engineering, procurement, and construction effort will be executed through a partnership with JGC Corporation and Samsung Heavy Industries, leveraging their combined expertise in large-scale energy infrastructure.

The Coral Norte project represents an evolution of the previously completed Coral Sul FLNG facility, incorporating proven design elements and operational lessons learned. The vessel achieved its hull launch in South Korea on January 16, 2026, marking a significant milestone in the project's development timeline. The design optimization and execution strategy are expected to reduce technical risks while enhancing operational efficiency compared to earlier iterations.

This contract award underscores continued investment in Mozambique's natural gas sector and the viability of floating LNG technology for deepwater resource development. The partnership structure brings together established contractors with track records in complex offshore projects, positioning the Coral Norte facility to support regional energy supply objectives.

Source: GlobeNewswire Inc.

Back to newsPublished Feb 24

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