AGP Executive Report
Last update: 18 minutes agoRovuma LNG Momentum: ExxonMobil Moçambique has issued a letter of intent to McDermott Energy Solutions for limited engineering and procurement work on Rovuma LNG Phase 1 midstream development, as the Area 4 partners push toward a final investment decision expected in 2026; the project is estimated at about $30bn and targets start-up in 2031. Rovuma EPC Selection: Daewoo Engineering & Construction says the SMDC joint venture has been selected for the EPC work on Rovuma LNG Phase 1 and received an LOI for preliminary design, procurement and constructability reviews ahead of full construction. Health Infrastructure Boost: Mozambique will build two new hospitals in Ngaúma and Mecanhelas (Niassa), funded by BADEA with a $21m budget, with construction due to start in July 2027 and finish by December 2028. University Upgrade: Eduardo Mondlane University inaugurated a solar-powered data centre to improve research, administration connectivity and system interoperability. Flood Aftershocks: Gaza province continues to face hunger after the 2025-26 floods destroyed wells, livestock and gardens, leaving families with lost harvests and higher food prices. Regional Energy Diplomacy: A commentary flags a clash between Riyadh’s WPC Energy Congress and Cape Town’s African Energy Week, raising questions about who sets the agenda for Africa’s energy future.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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