Mozambique greenlights TotalEnergies LNG restart

The Mozambican Government has formally granted approval for the full restart of the Total Energies-led Mozambique LNG Project.

Following the lifting of the force majeure, the announcement has triggered an immediate acceleration of construction and workforce mobilisation at the Afungi Peninsula.

As of late January, over 4,000 personnel are already active on-site, with contractor tender activity ramping up across all tiers of the supply chain.

The news has been met with optimism by service providers, RBR Group (ASX:RBR), which is positioned to support the remobilisation through its core offerings in camp infrastructure, labor services, and workforce training.

Executive Chair Ian Macpherson described the approval as a "major inflection point" for both the project and the broader Rovuma Basin developments.

With construction activities now fully operational both onshore and offshore, the project is expected to see a material surge in demand for skilled labor and logistics.

At the time of reporting, RBR Group's share price was $0.029.