Exclusive: Anadarko seeks to raise $14-$15 billion for Mozambique LNG project
LONDON (Reuters) - Anadarko Petroleum is seeking to raise a record $14-$15 billion from banks and export credit agencies for its huge liquefied natural gas (LNG) project in Mozambique, sources close to the matter said. Fast-growing gas demand from China and Southeast Asia is reassuring export project developers sitting on huge untapped gas discoveries in Mozambique and elsewhere that the market cycle is turning after three years of low prices. The full amount would be the lar
Expected LNG surplus evaporates, scramble for new projects looms
ADELAIDE (Reuters) - Liquefied natural gas (LNG) producers around the globe are once again considering new investments as expectations of a glut in supply wither away in the face of strong, China-led demand growth in Asia. Given it takes several years to go from a Final Investment Decision (FID) to producing cargoes of the super-chilled fuel, however, the industry may be acting too late to prevent a supply shortfall by the middle of next decade. Much of the focus this week at
Mozambique: How gas sector investment is changing Palma
Until very recently, when natural gas put it on the map, Palma was a forgotten district in northern Mozambique. Now the region is in the sights of multinationals because it has some of the largest gas reserves in the world. DW Africa interviewed David Machimbuko, district administrator of Palma, Cabo Delgado province, northern Mozambique, who recently visited Bonn, Germany, to attend the ICLEI (International Council for Local Environmental Initiatives) annual meeting, a forum
Labour Day lunch with our workers
To celebrate the Labour Day we’ve decided to organize a special lunch with our workers. It was a lunch filled with joy and happiness to celebrate the dedication and commitment our workers put in their job. This commitment is the foundation to our entire project and without it there would be no Palma Residences. We would like to thank all our collaborators, once more, for all they have done for us. #palmaresidences #labourday #lunch
Palma Residences with Full Occupancy during the President’s visit to Palma
Palma Residences is the leading Apartment Hotel in Palma, Cabo Delgado. As such, during the recent Presidential visit to our region we were completely full with some very important players in the Oil and Gas industry. We would like to thank Exxon Mobil, Eni, Enh, Wentworth, Bollore, Grafex, CNPC, Bharat Petroleum, Mitsui, Entreposto and Anadarko for their preference. It was a great honor to welcome their top management in our rooms, apartments and at the Bagamoyo restaurant.
The Palma Residences’ Meetings & Events Services
Did you know that Palma Residences has an excellent service for companies and businesses to meet and plan the best events for their teams an
Palma Residences Shuttle Services beginning in April
We are pleased to announce that Palma Residences will provide a complementary shuttle service for clients and visitors in Palma. The mini bus comfortably seats 10 people and has all the safety specifications requirements. Only experienced and trained drivers are used for this service. Below are the various options of service whether it’s a one-off Sunday lunch special service, or a regular service between the Hotel and the Anadarko Camp in Afungi. - Palma Residences to Afungi
Client testimonial at Palma Residences: Shell
Shell
"Shell’s Afungi GTL team and contractors stayed at Palma Residences during field studies in the Palma region. Palma Residence staff and management have been very professional, with strong focus on HSSE and warm personal service to all of our staff."
by Alex Battaglia, Shell Country Manager #Shell #Client #palma #PalmaResidences #testimonials
Client testimonial at Palma Residences: Agility
Agility “It was FANTASTIC. You have done a great job. The restaurant, rooms, staff were excellent and the beds were so comfortable! Dorotea also came over to introduce herself and we had a lovely chat. I loved hearing how all the furniture was made locally. All around – I am super impressed and your new #1 fan.” by Deanne de Vries, Senior Vice President Africa #testimonials #Client #PalmaResidences #Agility #Shell #Afungi #Palma
New clients, and clients who are growing with African Century
With the resettlement in Afungi and other projects such as the new Palma airstrip and road from Afungi to Palma under way, we are glad to welcome a new client to Palma Residences: the AFRIMAT team. At Palma Residences Afrimat (www.afrimat.co.za) has now extended its reach to support Mozambique’s growing economy, establishing quarries in Pemba and Cuamba, with another quarry planned for Palma, supporting the rapidly developing Mozambique region with high quality aggregate prod
