FM lifted, what’s the prognosis amongst the crew? Is it worth à chat with my manager?
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(Bloomberg) -- Exxon Mobil Corp. lifted a force majeure on its Rovuma liquefied natural gas project in Mozambique as security concerns subside, a key step toward sanctioning the development and committing construction funds.
The force majeure was put in place after Islamic State-affiliated militants carried out an attack near its operations in northeastern Mozambique in 2021. Ending the force majeure will allow work to resume and is a crucial step toward Exxon making a final investment decision on the project, which is expected next year.
They could have lifted FM long ago. Economics are challenged. Not to mention the country is a mess. Tribal divisions with north and south fighting. PGA clueless about how to manage.
Today
When was the FM lift announced?
If you know you know.