ExxonMobil Taps McDermott for Next Stage of Mozambique’s Rovuma LNG

The SMDC venture—which includes Saipem, Daewoo Engineering & Construction, and China Petroleum Engineering & Construction Corporation—will oversee the midstream development of the project’s first phase. McDermott CEO Michael McKelvy noted that the work leverages the company’s existing footprint in the region, focusing on the infrastructure required to scale production. Design work for the liquefaction modules will be handled in London and Gurgaon, with project management centered in Milan.

The scope of the development is substantial, featuring 12 modular liquefaction units designed to reach an annual output of 18.6 million tonnes of LNG by 2031. For ExxonMobil, the project represents its largest single capital investment to date. According to data from Standard Bank, the facility is projected to inject approximately $11 billion annually into Mozambique’s GDP and generate $150 billion in government revenue over a 30-year operational lifespan, potentially supporting over 150,000 jobs.