{"id":7294,"date":"2018-12-10T12:59:42","date_gmt":"2018-12-10T12:59:42","guid":{"rendered":"http:\/\/www.oilnewskenya.com\/?p=7294"},"modified":"2018-12-10T12:59:42","modified_gmt":"2018-12-10T12:59:42","slug":"qatar-petroleum-signs-exploration-agreement-mozambique","status":"publish","type":"post","link":"https:\/\/www.oilnewskenya.com\/index.php\/qatar-petroleum-signs-exploration-agreement-mozambique\/","title":{"rendered":"Qatar Petroleum signs an exploration agreement into Mozambique"},"content":{"rendered":"

Qatar Petroleum has entered into an agreement with an ExxonMobil affiliate to acquire a 10% participating interest in three offshore exploration blocks in the Angoche and Zambezi basins in the Republic of Mozambique.<\/p>\n

Once the acquisition is approved the various partners composing the consortium will be made up of affiliates of each of ExxonMobil (operator) with a 50% participating interest, Empresa Nacional de Hidrocarbonetos (ENH) with a 20% participating interest, Rosneft with a 20% participating interest, and Qatar Petroleum with a 10% participating interest.<\/p>\n

Commenting on this occasion, H.E. Mr. Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs, and President & CEO of Qatar Petroleum, said: \u201cWe are pleased to sign this agreement, with our long-time partner ExxonMobil to participate in exploring these frontier offshore basins in the Republic of Mozambique. This is a milestone for Qatar Petroleum as it marks its first foray into Mozambique\u2019s promising offshore basins\u201d.<\/p>\n

\"\"<\/p>\n

H.E. Mr. Al-Kaabi added: \u201cWe hope that the exploration efforts, which will commence soon, will be successful, and we look forward to collaborating with ExxonMobil, Rosneft<\/a> and ENH on this opportunity. I would like to take this opportunity to thank the Mozambican authorities and our partners in these blocks for their support\u201d.<\/p>\n

H.E. Mr. Al-Kaabi added: \u201cThis signature is very much in line with our growth strategy in Qatar Petroleum with a new country entry to prospective frontier basins with significant hydrocarbon resource potential\u201d.<\/p>\n

The offshore blocks are A5-B which lies in the Angoche basin, and Z5-C and Z5-D, which lie in the Zambezi basin. Both basins are frontier and underexplored. The two Zambezi blocks have a total area of about 10,200 square km with water depths ranging from about 200 to 2,000 meters, while the Angoche basin block has an area of about 6,450 square km with water depths ranging from about 1,800 to 2,500 meters.<\/p>\n

In line with its growth strategy, this opportunity provides Qatar Petroleum with a new country entry to prospective frontier basins with significant hydrocarbon resource potential.\u200b<\/p>\n","protected":false},"excerpt":{"rendered":"

Qatar Petroleum has entered into an agreement with an ExxonMobil affiliate to acquire a 10% participating interest in three offshore exploration blocks in the Angoche and Zambezi basins in the … Read More<\/a><\/p>\n","protected":false},"author":24,"featured_media":7295,"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":[3459,3457,738,766,860,7033,1636,3110,2186,7032,3460,3461,7031],"class_list":["post-7294","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-top-news","tag-a5-b","tag-angoche-basin","tag-empresa-nacional-de-hidrocarbonetos","tag-enh","tag-exxonmobil","tag-minister-of-state-for-energy-affairs","tag-mozambique","tag-qatar-petroleum","tag-rosneft","tag-saad-sherida-al-kaabi","tag-z5-c","tag-z5-d","tag-zambezi-basin","entry"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2018\/12\/Qatar-Petroleum.png?fit=1200%2C418&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/p5JWkQ-1TE","jetpack-related-posts":[{"id":3953,"url":"https:\/\/www.oilnewskenya.com\/index.php\/exxonmobil-rosneft-big-winners-in-mozambique-fifth-licensing-round\/","url_meta":{"origin":7294,"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":7294,"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":3200,"url":"https:\/\/www.oilnewskenya.com\/index.php\/rosneft-exxonmobil-file-joint-bid-mozambique-5th-license-round\/","url_meta":{"origin":7294,"position":2},"title":"Rosneft, ExxonMobil File Joint Bid for Mozambique 5th License Round","author":"","date":"July 31, 2015","format":false,"excerpt":"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 Nacional de Petr\u00f3leo). The global partnership of the companies is of a strategic nature. Rosneft and ExxonMobil have a proven\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":12814,"url":"https:\/\/www.oilnewskenya.com\/index.php\/mozambique-eni-cnooc-seek-exploration-rights-in-the-angoche-save-basin\/","url_meta":{"origin":7294,"position":3},"title":"MOZAMBIQUE: Eni, CNOOC Seek Exploration Rights in the Angoche & Save Basin","author":"","date":"November 15, 2022","format":false,"excerpt":"International energy\u00a0companies\u00a0Eni Mozambico SpA\u00a0and\u00a0CNOOC Hong Kong Holding Limited, last week submitted proposals to explore areas under the 6th Licensing Round for the concession of areas for oil and gas exploration and production. Eni\u00a0showed interest for the area\u00a0A6-C, in Angoche, and\u00a0CNOOC\u00a0for the areas\u00a0S6-A, A6-G, A6-D, S6-B and A6-E, located in\u00a0Angoche\u00a0and\u00a0Save, respectively.\u2026","rel":"","context":"In "Countries"","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2022\/11\/Mozambique-Map-6th-Licensing-Round.jpg?fit=695%2C844&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2022\/11\/Mozambique-Map-6th-Licensing-Round.jpg?fit=695%2C844&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2022\/11\/Mozambique-Map-6th-Licensing-Round.jpg?fit=695%2C844&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":3969,"url":"https:\/\/www.oilnewskenya.com\/index.php\/eni-statoil-land-angoche-area-a5-a-block-license-offshore-mozambique\/","url_meta":{"origin":7294,"position":4},"title":"Eni, Statoil land Angoche area A5-A block license offshore Mozambique","author":"","date":"November 2, 2015","format":false,"excerpt":"Eni, Statoil together with partners have announced they have been awarded the A5-A block offshore Mozambique in the fifth competitive bidding round one of three blocks that had remained unlicensed of 8 areas that had received bids . The A5-A block is located in the Northern Zambesi basin in the\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\/2015\/10\/Mozambique.png?fit=397%2C516&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":7294,"position":5},"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. According to Lavrov who had discussions with Foreign Minister of Mozambique Jose\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\/05\/Fifth-exploration-oil-gas-licensing-round-map-702x336.png?fit=702%2C336&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2018\/05\/Fifth-exploration-oil-gas-licensing-round-map-702x336.png?fit=702%2C336&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2018\/05\/Fifth-exploration-oil-gas-licensing-round-map-702x336.png?fit=702%2C336&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2018\/05\/Fifth-exploration-oil-gas-licensing-round-map-702x336.png?fit=702%2C336&ssl=1&resize=700%2C400 2x"},"classes":[]}],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/7294","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/users\/24"}],"replies":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/comments?post=7294"}],"version-history":[{"count":1,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/7294\/revisions"}],"predecessor-version":[{"id":7296,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/7294\/revisions\/7296"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media\/7295"}],"wp:attachment":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media?parent=7294"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/categories?post=7294"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/tags?post=7294"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}