The increasing number of companies interested in conducting geophysical surveys of the Zambezi delta and other areas with hydrocarbon potential has led the National Petroleum Institute (INP) to launch another international tender. The geological data acquisition work will include some areas covered by the fifth oil and gas exploration tender, which closed in 2015, including the Rovuma Basin, the Zambezi delta, onshore areas and all the maritime extensions of the Mozambique and Rovuma Basin. The launch of this second tender coincides with the final phase of the three-dimensional seismic data surveying of the Angoche A5a and Angoche A5B areas concessioned to ExxonMobil and ENI.
An INP source has revealed that interested companies should submit their applications by 11 July 2016. Companies are considered eligible if they can adequately demonstrate financial strength, technical, health and safety and environmental policies and the means to carry out the acquisition, processing and marketing of data in Mozambique.
Winners of the fifth hydrocarbon exploration licensing round are likely to invest approximately US$700-million over a four-year period. The fifth round was launched by the INP in October 2014, and made available to interested parties a total of 11 offshore areas in the Rovuma Basin, Angoche, Mozambique (Zambezi delta) and four onshore basins of Mozambique (areas of Pande/Temane and Palmeiras), covering a total of 74,259 square kilometres.
Source: Jornal Notícias
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