Australia’s RBR Group rises on Mozambique nod for LNG project restart

** Training and staffing solution provider says the Mozambique government approves restart of TotalEnergies-led Mozambique LNG project following the lifting of force majeure ** Says this materially increases the likelihood of progression from tender to contract execution ** Says construction activities have now fully restarted both onshore and offshore at the Afungi Peninsula, with more than 4,000 workers currently mobilised and workforce numbers expected to increase significantly ** Says RBR well positioned to capture near-term opportunities across camp infrastructure, labour services and workforce training RBR Group Limited (ASX: RBR) provides the following update further to its Quarterly Report released on 30 January 2026, which referenced anticipated Government approvals relating to the restart of the Mozambique LNG Project. Subsequent to the release of the Quarterly, the Government of Mozambique has formally granted approval for the recommencement of construction activities on the TotalEnergies-led Mozambique LNG project, as confirmed in joint announcements by TotalEnergies and the Mozambican Government on 29 January 2026. Construction activities have now fully restarted both onshore and offshore at the Afungi Peninsula, with more than 4,000 workers currently mobilised and workforce numbers expected to increase significantly.

This milestone approval enables Tier 1, Tier 2 and Tier 3 contractors to progress procurement, tendering and mobilisation activities across the LNG supply chain, creating a material acceleration in demand for workforce accommodation, labour services and training, the core service offerings of RBR Group. “The granting of final Government approvals marks a major inflection point for Mozambique LNG and the broader Rovuma Basin developments. We are already seeing increased tender and engagement activity across camp infrastructure, labour services and workforce training as contractors prepare for full-scale remobilisation. RBR has spent several years positioning its operations, partnerships and infrastructure for precisely this phase of project execution and we believe this development significantly enhances near-term commercial opportunities for the Group.”