Mining & Energy
Govt expects over 77 billion dollars in taxes over the life span of two LNG projects - Mozambique
ENH Logistics, a subsidiary of the state-owned Empresa Nacional de Hidrocarbonetos (ENH) which already has a presence in a great variety of sectors including ports, navigation, real estate, aviation, maintenance and health, has set up three joint ventures with new international partners, reports Indian Ocean Newsletter. (27 July)
The first of these – ENHL – Frontier Services Group – will enable Erik Prince, the former boss of the controversial security firm Blackwater, to consolidate his presence in Mozambique, where he has already supplied military equipment with the authorisation of President Filipe Nyusi and his defence minister Atanasio Salvador Mtumuke. ENHL’s partner is the Hong Kong-based private logistics and security firm Frontier Services group (FSG), managed by Erik Prince and owned by the Chinese state-owned equity firm Citic. The activities of this joint venture, which will have three FSG staff on its five-member board, will focus on transport, warehousing, catering and accommodation services and training in the oil and gas sectors, though these activities may also extend to maritime security (escorting ships).
ENH Logistics also recently teamed up as a minority partner (49%) with the Franco-American firm Technip-FMC through the latter’s subsidiary Technip Middle East Fzco. The resulting company is ENHL Technip-Fmc Mozambique, which plans to provide engineering and project management services to the oil and gas industry (feasibility studies, design and associated services).
And last but not least, another joint venture was created in June by the name of ENHL Bourbon in partnership with Bourbon Offshore Mmi, a company based in Dubai which operates a fleet of ships in the Mediterranean, the Middle East and India and is a subsidiary of the eponymous Marseille-based company that is run by a Frenchman based in Reunion, Jacques de Chateauvieux. ENHL Bourbon intends to provide services in the maritime transport and port sectors as well as commercialising and managing ships, landing crafts and offshore platforms.
By Joseph HanlonSource: News reports & clippings
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