Corinth Pipeworks secures flagship Rovuma LNG offshore pipeline contract
PRESS RELEASE
Brussels, August 19, 2026
Cenergy Holdings announces that Corinth Pipeworks, its steel pipes segment, was awarded the Line Pipe Supply Package for the Rovuma LNG Phase 1 Project in Mozambique, one of the world's most significant energy developments currently under execution The award by the Area 4 Partners led by ExxonMobil Moçambique, Limitada in its capacity as the delegated operator, further strengthens Corinth Pipeworks' position as a leading global supplier of advanced steel linepipe solutions for complex offshore and subsea infrastructure projects.
Corinth Pipeworks will manufacture approximately 250km (120,000 tonnes) of Longitudinally Submerged Arc Welded (LSAW) linepipe ranging from 20-inch to 24-inch diameter for the project's offshore pipeline network, including anti-corrosion coating and concrete weight coating scopes. Production will take place at the company's state-of-the-art facilities in Thisvi, Greece.
The scope requires the delivery of high-performance linepipe solutions capable of meeting the demanding operating conditions associated with deepwater gas.
The award valued between USD 200 – 250 million reflects Corinth Pipeworks' proven ability to deliver highly engineered linepipe solutions for demanding offshore applications, supported by its advanced manufacturing facilities, quality assurance processes and project execution expertise. The Rovuma LNG project expands Corinth Pipeworks' global offshore footprint and reinforces its role as a trusted partner for major energy infrastructure projects worldwide.
Corinth Pipework’s General Manager Ilias Bekiros added "We are proud to be selected for the Rovuma LNG Project, one of the most significant energy developments currently underway worldwide. This award reflects the confidence that leading energy operators place in Corinth Pipeworks' technical capabilities, manufacturing excellence and ability to successfully execute complex offshore projects. It further reinforces our position as a trusted partner for critical energy infrastructure on a global scale."
About Mozambique Rovuma Venture (MRV) and Area 4
Mozambique Rovuma Venture (MRV), Operator of the Area 4 Block Offshore Rovuma Basin, is an incorporated joint venture owned by ExxonMobil, Eni, and CNPC. It holds a 70% participation interest in the Area 4 concession contract alongside its partners XRG, Kogas and Empresa Nacional de Hidrocarbonetos (ENH), each of which hold a 10% p.i.
About Cenergy Holdings
Cenergy Holdings is a Belgian holding company listed on Euronext Brussels and Euronext Athens. It invests in leading industrial companies, focusing on the growing global demand of energy transfer, renewables and data transmission. Cenergy Holdings’ portfolio consists of Corinth Pipeworks and Hellenic Cables, two companies at the forefront of their respective high growth sectors. Hellenic Cables is one of the Europe’s largest cable manufacturers, producing power, telecom and submarine cables. Corinth Pipeworks is a global leader in the manufacture of steel pipes for the energy sector and a major producer of steel hollow sections for the construction industry. For more information, please visit our website at www.cenergyholdings.com.