Muyake wins back stake in Mozambique base contract


South Africa-based Muyake has won back its stake in the contract to build and operate the main drilling and logistics hub for Mozambique’s planned LNG projects.

Following an out-of-court settlement with Mozambique’s state-owned Portos de Cabo Delgado (PCD) Muyake will rejoin a group of companies planning to develop the coastal town of Pemba into a port and industrial area fit to serve operators in northern Mozambique.

source: By Leigh Elston



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