Saipem-Jan De Nul consortium signs LOI for Mozambique LNG project

A consortium of Saipem and Jan De Nul has signed a letter of intent to join Mozambique's LNG project, signaling progress in the country's long-delayed natural gas development. The move indicates renewed momentum in Mozambique's LNG sector, which has been stalled by security concerns and financing issues. This development could unlock significant gas exports and reshape regional energy supply dynamics.