RBR Group stands uniquely positioned as the only ASX-listed company directly linked to Mozambique’s LNG megaprojects, gearing up for a sector revival and broader African growth.
- Exclusive ASX-listed exposure to Mozambique LNG projects
- Mozambique LNG construction restart expected mid-2025
- Diverse services – training, labour hire, and camp infrastructure
- Expansion talks underway with African partner Canvas & Tent
- Potential entry into the Australian market being evaluated
Mozambique LNG Revival Gains Traction
After years of delays primarily due to security concerns, Mozambique’s liquefied natural gas (LNG) sector is showing renewed momentum. Major projects led by energy giants TotalEnergies, ExxonMobil, and Eni are advancing towards construction restarts and operational milestones. TotalEnergies aims to resume full construction by mid-2025, with operations anticipated by 2029–2030. ExxonMobil is progressing its front-end engineering design with a final investment decision expected by the end of 2025, while Eni continues to develop its Coral LNG offshore projects.
RBR’s Strategic Positioning in a Growing Market
RBR Group Limited has carved out a unique niche as the only ASX-listed company with direct exposure to these transformative LNG developments. The company’s diversified service offerings; including workforce training through its Futuro Skills subsidiary and Field Ready joint venture, labour hire of trained Mozambican workers, and camp construction and management via Projectos Dinamicos; are tailored to meet the complex demands of LNG megaprojects. This integrated approach positions RBR as a critical enabler for contractors and infrastructure providers operating in Mozambique’s energy sector.
Expanding Beyond Mozambique
Looking beyond Mozambique, RBR is actively pursuing growth opportunities across Africa. The company is in advanced discussions with its African partner Canvas & Tent to extend its camp infrastructure and services model into other regional markets. Additionally, RBR is evaluating entry into the Australian market, aiming to leverage its proven business model and operational expertise. These expansion initiatives could diversify revenue streams and enhance RBR’s footprint in the global LNG services landscape.
Leadership Confidence and Future Outlook
Executive Chairman Ian Macpherson emphasized the company’s resilience and readiness to support the LNG sector’s next phase of growth. With deep local experience and ongoing investment from its leadership team, RBR is well-positioned to capitalize on the anticipated surge in demand for skilled labour and infrastructure services. While commercial agreements and project timelines remain subject to finalization, the company’s strategic update signals a promising trajectory aligned with Mozambique’s LNG revival and broader African energy developments.
Bottom Line?
RBR’s next moves in contract wins and regional expansion will be key to unlocking its growth potential amid Mozambique’s LNG resurgence.
Questions in the middle?
- What specific contracts or agreements will RBR secure as LNG projects restart?
- How will security and geopolitical risks in Mozambique affect project timelines and RBR’s operations?
- What is the timeline and scale for RBR’s potential entry into the Australian market?