XOM
Published on 05/13/2026 at 01:15 am EDT
Mozambique has launched the construction of a college to provide technical training for personnel in the oil and gas industry, AIM reported on May 12.
The southern African nation broke ground for the $40mn Mozambique Technology Centre (CTM) on May 11 as it prepares citizens to serve in its growing hydrocarbon sector.
“This project represents Mozambique’s sovereign decision to invest in its national talent and strengthen local content,” said Mineral Resources and Energy Minister, Estêvão Pale said.
The facility, a partnership between the government and an investor consortium led by US oil supermajor, ExxonMobil, will have the capacity to train up to 250 technicians per year in areas such as process operations, electricity, instrumentation, and mechanical maintenance, considered essential for large-scale energy projects.
Mozambique has up to 180 trillion cubic feet of recoverable gas, mainly in offshore Rovuma Basin to the north. International oil companies such as ExxonMobil (NYSE: XOM), TotalEnergies (Paris: TTE, LSE: TTE, NYSE: TTE) and Eni (BIT: ENI, NYSE: E) will invest up to $64bn in projects to produce around 40mn tonnes of liquefied natural gas per year.
“Each technician trained represents a step toward the progressive replacement of foreign labour by national staff,” Pale stated.
ExxonMobil Mozambique, GM Arne Gibbs, said the project highlights the long-term commitment of the investors to the capacity building of national human resources.
The government and ExxonMobil signed the enabling memorandum of understanding in 2025.
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