OneSubsea wins subsea production contract for ExxonMobil's Mozambique LNG project

OneSubsea, a JV of SLB, Aker Solutions, and Subsea7, has been awarded a contract by ExxonMobil for subsea production systems for the deepwater Rovuma LNG project in Mozambique. This signals progress on a major LNG development that had been stalled due to security concerns, indicating renewed investment in Mozambique's energy sector. The contract underscores the project's advancement and potential impact on global LNG supply.