Exxon Mobil awarded a JGC Corp-led group a contract to develop its Mozambique liquefied natural gas (LNG) project, which is set to be the biggest ever private investment in Africa. JGC will be joined by Fluor and TechnipFMC to develop the Rovuma LNG project, Exxon senior VP for LNG Peter Clarke said in a speech Tuesday in the Mozambican capital, Maputo. The project will cost between $27-billion and $33-billion, according to March estimates by Johannesburg-based Standard Bank Group.
