The African Energy Chamber (AEC) is strengthening its collaboration with Mozambique’s national oil company Empresa Nacional de Hidrocarbonetos (ENH), following a productive working meeting that reinforces a shared commitment to accelerating investment, expanding local content and unlocking new commercial opportunities across the country’s hydrocarbon value chain.
The collaboration reflects a shared vision to position Mozambique as one of Africa’s most competitive energy investment destinations while creating lasting value beyond individual projects. By aligning the Chamber’s global investor network with ENH’s national development priorities, both organizations aim to accelerate capital deployment, strengthen industry collaboration and support the country’s long-term energy ambitions.
This strategic synergy comes at a pivotal moment for Mozambique.
Following the lifting of force majeure on its flagship LNG developments in late 2025, the country has entered one of the world’s largest energy construction cycles. More than $50 billion has now been mobilized across the Rovuma Basin, positioning Mozambique to become one of the world’s premier LNG exporters over the coming decade.
Under the joint initiative, the Chamber will work closely with ENH to strengthen international investment outreach, support policy dialogue and help address regulatory and operational challenges that influence project execution. The pact will also prioritize local content development by helping expand technical skills, strengthen domestic supply chains and increase Mozambican participation throughout the oil and gas industry.
The timing is significant as Mozambique’s largest developments continue to gather momentum.
TotalEnergies’ $20.5 billion Mozambique LNG project officially resumed full construction on January 29, 2026, after force majeure was lifted on November 7, 2025. More than 4,000 workers have returned to site as the 13.1-million-ton-per-annum project targets first LNG in the first half of 2029.
At the same time, ExxonMobil’s $30 billion Rovuma LNG development continues advancing engineering ahead of a final investment decision, while Eni’s Coral Norte FLNG project, sanctioned in 2025, is expected to double Area 4’s FLNG production capacity when it comes online in 2028. Together, these projects are transforming Mozambique into one of Africa’s largest destinations for upstream capital.
Beyond LNG exports, ENH has identified onshore exploration and production as a strategic priority. Working alongside the AEC, the company is seeking to attract new international upstream investors into Mozambique’s onshore basins while advancing its long-term ambition of becoming a direct field operator. The strategy complements progress at the BúziBlock, where ENH holds a 25% interest and commercial gas production remains on track before the end of 2026 following recent seismic acquisition campaigns.
Domestic gas monetization also represents a central pillar of ENH’s growth strategy. The company is pursuing projects that will convert Mozambique’s abundant gas resources into higher-value industrial products through the development of a domestic petrochemical industry. Combined with the 30-year concession awarded in November 2025 to develop LNG imports and gas infrastructure alongside Mozambique Ports and Railways, Electricidade de Moçambique and Hidroeléctrica de Cahora Bassa, ENH is positioning itself at the center of Mozambique’s future gas economy.
Following a strategic agreement with Baker Hughes signed in February this year to provide advanced technical training for Mozambican professionals in Dubai and Florence, the company is also investing heavily in local capability. The initiative supports the government’s broader objective of ensuring domestic companies capture a larger share of the more than $4 billion in contracts earmarked for local businesses across the country’s LNG development.
“Our meeting with ENH marks the beginning of an even stronger alliance focused on unlocking Mozambique’s full energy potential,” says NJ Ayuk, Executive Chairman, AEC. “By combining investment promotion with local content development and private sector engagement, we can accelerate project delivery while ensuring the country’s world-class resources create lasting value for Mozambique and its people.”
The AEC fully supports ENH ‘s strategy to capture immediate commercial opportunities across the upstream, midstream and downstream sectors.
Under the leadership of the company’s new CEO and Chairman Rudêncio Morais, ENH is building a world-class national energy company capable of attracting investment while expanding local participation. The Chamber will continue working alongside ENH to facilitate private sector entry and help maximize the long-term economic value of Mozambique’s world-class hydrocarbon resources.
