Submitted by oilgasafrica on Sat, 2019-05-25 06:50
Total announces that it has reached a binding agreement with Occidental to acquire Anadarko’s assets in Africa (Algeria, Ghana, Mozambique, South Africa) for a consideration of 8.8 billion $ in the event of a successful completion of Occidental’s ongoing bid for Anadarko. The transaction is contingent upon Occidental entering into and completing its proposed acquisition of Anadarko and to approval by the relevant authorities and is expected to close in 2020.
Submitted by oilgasafrica on Wed, 2019-05-15 07:53
Mozambique Rovuma Venture said today that the government of Mozambique had approved its development plan for the Rovuma LNG project, which will produce, liquefy and market natural gas from three reservoirs located in the Area 4 block offshore Mozambique, two of which straddle the boundary with neighboring Area 1.
Submitted by oilgasafrica on Thu, 2016-02-04 23:07
Sasol has obtained approval from the Mozambique Council of Ministers for its field development plan (FDP) that will see further hydrocarbon resources developed to support Southern Africa growth.
Submitted by oilgasafrica on Fri, 2015-12-04 22:27
Eni and Anadarko announce that, following the signing of the Unitization and Unit Operating Agreement (UUOA) and in full agreement with all the concessionaries of the projects, a unitization was set out for the development of natural gas reservoirs straddling Areas 4 and 1 in the Rovuma Basin, offshore Mozambique. Area 4 is operated by Eni East Africa while Area 1 is operated by Anadarko Mozambique Area 1 Ltd.
Submitted by oilgasafrica on Fri, 2015-12-04 22:23
Anadarko Petroleum Corporation (NYSE: APC) today announced that, along with the concessionaires of Offshore Area 1 (operated by Anadarko Mozambique Area 1 Ltd. (AMA1)) and Offshore Area 4 (operated by Eni East Africa (EEA)), it has signed a Unitization and Unit Operating Agreement (UUOA) for the development of the massive natural gas resources that straddle the two blocks.
Submitted by oilgasafrica on Thu, 2015-11-19 11:55
Puma Energy, the global mid and downstream energy company operating in 46 countries across five continents, today officially opened two Terminals in Mozambique.
Submitted by oilgasafrica on Fri, 2015-10-30 14:44
Eni, together with Statoil, Sasol and ENH, have been awarded, following the 5th Competitive Mozambique Bid Round, the exploration and development rights of the offshore block A5-A, in the area of Mozambique named Angoche, about 1,500 kilometers northeast of the capital city Maputo. The block, which covers a total area of di 5,145 square kilometers in a water depth between 200 and 1800 meters, is placed within an unexplored area of the Northern Zambesi Basin, which the consortium estimate to contain significant hydrocarbon resources.
Submitted by oilgasafrica on Sun, 2015-09-20 23:00
Engen, the African energy multinational, is continuing its aggressive retail expansion in Mozambique, with plans for three service stations in the near future – one in Maputo and two in Inhambane.
Engen currently operates 16 services stations in Mozambique.
Submitted by oilgasafrica on Tue, 2015-05-19 06:25
Anadarko Petroleum Corporation (NYSE: APC) on behalf of the co-venturers in Mozambique's Offshore Area 1, and after a competitive FEED (front-end engineering and design) process, today announced the selection of a consortium consisting of CB&I, Chiyoda Corporation and Saipem (CCS JV) for the initial development of the onshore LNG park in Mozambique.
Submitted by oilgasafrica on Thu, 2015-03-12 00:00
With Mozambique's Ministry of Resources and Energy now merged, the country has taken another major step towards its 2025 vision for gas and power development. As the former Deputy Finance Minister, His Excellency Dr. Pedro Couto will clearly have a plan to promote sustainable partnerships for trade with a focus on the country's balance sheet; however, will there be extra emphasis on regional gas sharing and power sector investment?
Submitted by oilgasafrica on Tue, 2015-02-24 00:00
Wentworth, the Oslo Stock Exchange (OSE: WRL) and AIM (AIM: WRL) listed independent, East Africa-focused oil & gas company, today provides an update on the Kifaru-1 exploration well in the Rovuma Onshore Concession in northern Mozambique, further to the Company's announcement on 15 January 2015 that drilling operations had begun.
Submitted by oilgasafrica on Fri, 2015-02-13 00:00
Engen, a leading African energy multinational, has continued its robust investment programme on the continent with the construction of a third petroleum products terminal in Mozambique.
Submitted by oilgasafrica on Thu, 2015-01-15 00:00
Wentworth, the Oslo Stock Exchange (OSE: WRL) and AIM (AIM: WRL) listed independent, East Africa-focused oil & gas company, today announces that drilling operations have commenced on the Kifaru-1 exploration well in the Rovuma Onshore Concession in northern Mozambique. Wentworth has an 11.59% net interest in this well, which is being operated by Anadarko and drilled with the Helmerich & Payne rig #243.
Submitted by oilgasafrica on Fri, 2014-10-17 15:24
Eni signed today a cooperation agreement with Korea Gas Corporation (KOGAS) to further strengthen their relationship in a number of areas, particularly in the upstream and LNG sectors. The agreement will allow the companies to jointly pursue opportunities worldwide.
Submitted by oilgasafrica on Thu, 2014-08-28 23:00
Earlier today, the President of the Republic of Mozambique, Armando Guebuza, and the Mozambican Minister of Energy, Salvador Namburete, joined the chairman of the Mozambican state power utility, Electridade deMozambique (EDM), Augusto Fernando de Sousa and the President and CEO of Sasol, David Constable, at the inauguration of Central Termica de Ressano Garcia (CTRG).