Breaking News: Mozambique: Results of Hydrocarbon Licensing Round Announced

Exxon Mobil_1

London — Mozambique’s National Petroleum Institute (INP) has announced the results of the fifth licencing round for exploration and production of hydrocarbons in fifteen blocks.

The fifteen blocks on offer cover an area of 74,259 square kilometres. They are located off the northern coast including the Rovuma Basin, the Zambezi Delta and the area near Angoche, in Nampula province, and onshore around Pande/Temane and Palmeira, in the southern provinces of Inhambane and Maputo

Bids were received for eight of the blocks of which six were successful. The prospective operators have now been invited to commence negotiations for an Exploration Production Concession Contract. These companies are the Italian company ENI, US giant ExxonMobil, South Africa’s Sasol, and London-based Delonex Energy.

ENI, which is already operating offshore Area Four, in the Rovuma Basin, off the coast of Cabo Delgado province, was awarded the A5-A area near Angoche. The neighbouring block, A5-B, somewhat further out to sea, has gone to ExxonMobil.

ExxonMobil was also awarded blocks Z5-C and Z5-D in the Zambezi Delta, off the coast of Sofala province.

 Sasol was granted the PT5-C block in the Pande-Temane area. Sasol is already the operator of the known Pande and Temane gas fields, and has been producing gas there for the past decade, most of which is sent by pipeline to Sasol’s chemical plants in the South African town of Secunda

Gal Despachos Aduaneiros en Maputo | Clearing Agent in Mozambique | Top Website | http://www.galclearing.com
The Leader in Oil & Gas Industry Mozambique | Hydrocarbon Logistics Centre | The Pemba Logistics Base | Nigerian company Orlean Invest | Portos de Cabo Delgado (PCD) | Top News Website

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s