Mozambique LNG to boost Real GDP by 800% in 20 years – Standard Bank

Mozambique liquefied natural gas, (LNG) stands to transform the country and entrench it as a leading player in the global LNG industry.  Developing these reserves and scaling up the currently … Read More

Scotland’s Oil and Gas sector sets its sights on East Africa

With some of the largest offshore gas fields in the world, no local supply chain and an immediate and significant demand for skilled workers, East Africa creates significant opportunities for … Read More

Mozambique’s extractive sector revenue triple boosted by capital gains tax

[twitter-follow screen_name=’oilnewskenya’] Revenue from the extractive sector in Mozambique hit almost $400 million in 2012 thanks to the introduction of capital gains tax in the country according to a new … Read More

Tembo 1 well plugged and abandoned after minimal success

[twitter-follow screen_name=’oilnewskenya’] After a number of delays Wentworth Resources has announced that drilling operations of the Tembo-1 well have now completed and with the well having reached to a total … Read More

India and Mozambique Government MoU to Enhance Cooperation in Oil and Gas field

Indian minister of State for Petroleum & Natural Gas Dharmendra Pradhan and Mozambique Minister of Foreign Affairs and Cooperation Mr. Oldemiro Julio Marques Baloi recently signed a memorandum on cooperation … Read More

Sasol, ENH and Eni announce pre-feasibility study for large-scale gas-to-liquids facility in Mozambique

Sasol  has announced a joint pre-feasibility study for a large-scale gas-to-liquids (GTL) plant, which will be based on gas from the Rovuma Basin in Northern Mozambique. The study, which is … Read More