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Samsung Heavy Industries secures $2.39Bn contract for Coral North FLNG project in Mozambique.
Jun 08, 2026•10 days ago
Contract Type
contract
MozambiqueAerospace
Description
On June 8, Samsung Heavy Industries announced it secured a $2.39Bn contract for the construction of an offshore production facility for the Coral North FLNG project in Mozambique. This project aims to enhance Mozambique’s capacity as a leading LNG-producing nation and is expected to deliver by September 2029.
Company Information
Company
Samsung Heavy Industries
Location
Mozambique
About
Samsung Heavy Industries (SHI) is a South Korean shipbuilding conglomerate. It specializes in constructing ships and offshore facilities, providing engineering solutions in various maritime sectors. Established in 1974, SHI is recognized for its innovative technologies and significant contributions to the global shipbuilding industry.
MozambiqueAerospace