The $4.7bn EXIM loan awaits reapproval after construction was halted in 2021 due to conflict in Cabo Delgado near the project site.

France's TotalEnergies has further delayed its $20 billion liquefied natural gas (LNG) project in Mozambique, citing ongoing ...

Cyclone Chido destroyed 337 schools and three district education departments in Cabo Delgado province in northern Mozambique in December, according to official figures released on Friday. According to ...

A parallel situation unfolded in Mozambique, where TotalEnergies suspended its $20b LNG project in April 2021 due to escalating violence in Cabo Delgado ... such as Schlumberger staffed 90 percent ...

Let's take a look at what these Wall Street heavyweights have to say about Schlumberger (SLB) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.

Schlumberger is highly influenced by oil prices, with 80% of revenues projected from oil prices 15 months prior, making valuation challenging. SLB has historically overpaid for acquisitions ...

Schlumberger is undervalued based on historical P/E ratios and forecasted EPS, with potential for a 20.5% annualized return including covered call premium and dividend. SLB's Digital & Integration ...

Efforts are ongoing to restore the water supply to the city of Pemba, in Cabo Delgado Province. The service was interrupted following the destruction of the power line supplying electricity to the ...