ExxonMobil, Rosneft big winners in Mozambique Fifth Licensing Round

N-Exploration (100% Rosneft subsidiary) and ExxonMobil Exploration and Production Mozambique Offshore have been awarded 3 blocks in the fifth licence round organized by the Republic of Mozambique Institute of National Petroleum (Instituto Nacional de Petróleo). This … Read More

BGP to commence 3 onshore Multi-Client seismic Surveys Onshore Mozambique by end of Q1 2016

BGP is expected to commence three surveys onshore Mozambique namely in the Zambezi, South Mozambique and Mazenga blocks in by end of Q1 2016. BGP is to operate in these … Read More

PETROMOC lands $45 million condesate gas deal from Sasol, Partners

Sasol and its partners have entered into an agreement with Petróleos de Moçambique (PETROMOC), Mozambique’s state-owned distributor of petroleum products in a deal that will see PETROMOC sell condensate from … Read More

African oil & gas organisations plan for an upturn in the oil price: PwC survey

Overall, activity in the oil & gas industry across the African continent has slowed in the wake of the declining oil price in late 2014. “While the oil price has … Read More

Rosneft, ExxonMobil File Joint Bid for Mozambique 5th License Round

Rosneft and ExxonMobil Exploration and Production Mozambique Offshore Limited filed joint bids to participate in the fifth license round organized by the Republic of Mozambique Institute of National Petroleum (Instituto … Read More

New petroleum producers survey policy options in wake of oil price slump

Countries seeking to develop newly-discovered petroleum resources are facing a fall in global oil prices, with competition from the ‘shale gas revolution’ in the United States, as well as renewable energy … Read More

Opportunities in East Africa as region enters Production Development Phase

Four East Africa countries among them Mozambique, Tanzania, Uganda and Kenya are headed to the development phase as they draw closer to exploit their oil and natural gas reserves providing … Read More

The Africa Energy Forum set for Dubai in just two weeks

The Africa Energy Forum is set to come up in Dubai in just two weeks’ time attracting some 456 unique companies have registered from 63 countries worldwide. The delegates spanning … Read More

Drilling ongoing at MB-4 Development Well in Mnazi Bay Block Tanzania

Wentworth Resources has reported that the MB-4 development well that spud in March is ongoing with drilling operations expected to be completed in June or in 90 days as announced … Read More