{"id":3200,"date":"2015-07-31T07:33:46","date_gmt":"2015-07-31T07:33:46","guid":{"rendered":"http:\/\/www.oilnewskenya.com\/?p=3200"},"modified":"2015-07-31T07:33:46","modified_gmt":"2015-07-31T07:33:46","slug":"rosneft-exxonmobil-file-joint-bid-mozambique-5th-license-round","status":"publish","type":"post","link":"https:\/\/www.oilnewskenya.com\/index.php\/rosneft-exxonmobil-file-joint-bid-mozambique-5th-license-round\/","title":{"rendered":"Rosneft, ExxonMobil File Joint Bid for Mozambique 5th License Round"},"content":{"rendered":"

Rosneft and ExxonMobil Exploration and Production Mozambique Offshore Limited filed joint bids to participate in the fifth license round<\/a> organized by the Republic of Mozambique Institute of National Petroleum (Instituto Nacional de Petr\u00f3leo).<\/p>\n

The global partnership of the companies is of a strategic nature. Rosneft and ExxonMobil have a proven track record of highly successful cooperation at the Sakhalin-1 project, and are each committed to continuing to operate in an environmentally responsible manner in Mozambique if selected.<\/p>\n

Rosneft \u00a0through its 100% owned subsidiary RN-Exploration and ExxonMobil decided to file joint bids for the participation in the license round for contract areas in the Angoche Basin (A5-A and A5-B) and Zambezi Delta (Z5-C and Z5-D) in which if successful ExxonMobil will become the operator.<\/p>\n

The prospectivity assessment for the exploration on these contract areas was confirmed within the cooperation of both Companies\u2019 geological analysis.<\/p>\n

\"Mozambiue<\/a><\/p>\n

A total of fifteen blocks had been included in the Fifth License Round \u00a0comprising some 76,800 sq kms of acreage will be included in the round.<\/p>\n

The partnerships with global industry leaders such as ExxonMobil Rosneft says allows it to minimize the risks in the implementation of frontier exploration projects.<\/p>\n

The participation in exploration and development projects in Mozambique is a new focus area of Rosneft\u2019s international strategy as the Russian giant promotes its positioning in regions of significant hydrocarbon potential, where production is possible in the mid and long-term.<\/p>\n

Rosneft says these projects allow it to obtain access to high-quality assets, while abiding an effective investment policy.<\/p>\n

In 2011, Rosneft and ExxonMobil executed a Strategic Cooperation Agreement under which the companies agreed to review potential joint exploration and development of hydrocarbon resources in Russia, the United States and other countries throughout the world.<\/p>\n","protected":false},"excerpt":{"rendered":"

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<\/a><\/p>\n","protected":false},"author":24,"featured_media":1880,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[11],"tags":[3458,3459,3457,860,3462,1636,1637,2186,3460,3461,2761],"class_list":["post-3200","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-top-news","tag-a5-a","tag-a5-b","tag-angoche-basin","tag-exxonmobil","tag-instituto-nacional-de-petroleo","tag-mozambique","tag-mozambique-5th-licensing-round","tag-rosneft","tag-z5-c","tag-z5-d","tag-zambezi-delta","entry"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/10\/mozambique-5th-round.png?fit=420%2C589&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/p5JWkQ-PC","jetpack-related-posts":[{"id":3953,"url":"https:\/\/www.oilnewskenya.com\/index.php\/exxonmobil-rosneft-big-winners-in-mozambique-fifth-licensing-round\/","url_meta":{"origin":3200,"position":0},"title":"ExxonMobil, Rosneft big winners in Mozambique Fifth Licensing Round","author":"","date":"October 29, 2015","format":false,"excerpt":"N-Exploration\u00a0(100%\u00a0Rosneft\u00a0subsidiary) and\u00a0ExxonMobil Exploration and Production Mozambique Offshore\u00a0have been awarded 3 blocks in the fifth licence round organized by the\u00a0Republic of Mozambique Institute of National Petroleum (Instituto Nacional de Petr\u00f3leo). This is out of a total of fifteen areas including from within offshore Rovuma, offshore Angoche, offshore Zambezi, onshore Pande-Temane and\u2026","rel":"","context":"In "Top News"","block_context":{"text":"Top News","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/top-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/10\/mozambique-5th-round.png?fit=420%2C589&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":7151,"url":"https:\/\/www.oilnewskenya.com\/index.php\/mozambique-approves-pscs-awarded-5th-competitive-bidding-round\/","url_meta":{"origin":3200,"position":1},"title":"Mozambique Approves PSCs Awarded During the 5th Competitive Bidding Round","author":"","date":"August 13, 2018","format":false,"excerpt":"The Mozambique\u2019s government has approved exploration contracts to various international companies awarded blocks during the 5th Competitive Bidding Round\u00a0in 2015 after four years of delays. The companies which include: N-Exploration\u00a0(100%\u00a0Rosneft\u00a0subsidiary) and\u00a0ExxonMobil Exploration and Production Mozambique Offshore\u00a0which were awarded 3 blocks (A5-B in the Angoche Basin\u00a0and\u00a0Z5-C and Z5-D in the Zambezi\u2026","rel":"","context":"In "Top News"","block_context":{"text":"Top News","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/top-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2018\/08\/5th-license-round.jpg?fit=513%2C722&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":7028,"url":"https:\/\/www.oilnewskenya.com\/index.php\/rosneft-exxonmobil-sign-gas-agreement-mozambique-2018\/","url_meta":{"origin":3200,"position":2},"title":"Rosneft, ExxonMobil to sign gas agreement with Mozambique in 2018","author":"","date":"May 30, 2018","format":false,"excerpt":"Mozambique\u2019s fifth licence round\u00a0winners Rosneft and ExxonMobil will sign an Exploration Production Concession Contract with the Mozambique government for blocks A5-B in the Angoche Basin\u00a0and\u00a0Z5-C and Z5-D in the Zambezi Delta according to Russia\u2019s top diplomat Sergey Lavrov. 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