ACRE assigned Kingman Construtora

ACRE assigned Kingman Construtora

ACRE has finalised the tender and procurement process for our Serviced Office building in Maputo. We assigned the build to Kingman Construtora. During the handover and assignment of the build to Kingman our partner in the development of the office building, SDCM (Sociedade de Desenvolvimento do Corredor de Maputo) was also present at the inaugural kick…

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ExxonMobil to start drilling for oil and gas soon

ExxonMobil to start drilling for oil and gas soon

Mozambique has granted ExxonMobil the right to drill for oil and natural gas in the country’s central and northern regions. ExxonMobil will build the world’s biggest liquefaction units (outside Qatar). Under the new development plans approved by the government, Exxon’s first two liquefaction units should start producing in 2024. The Mozambican government and ExxonMobil have…

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