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mtpa Coral South FLNG project has been operating since 2022 while ExxonMobil plans to make FID on Rovuma LNG in 2026. In Angola, which has been an LNG producer since 2013, the NOC Sonangol is working with its New Gas Consortium partners Azule Energy, Cabinda Gulf Oil Company and TotalEnergies to increase LNG production capacity.
times by year end 2026. Strong Credit Profile: Exceptional balance sheet with initial leverage of 0.9 times Net Debt to Funds Flow 1 which is expected to continue to further strengthen to 0.8 times net debt/funds flow, which is expected to continue to further strengthen to 0.8
The United States already became the worlds top oil and gas producer under former President Joe Biden. Energy Information Administration expects crudeoil production to rise to a new record average of 13.61 million bpd in 2026. million barrels per day (bpd) in 2025 and climb further to 13.76
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