Government’s commitment to diversify Angola’s Economy Continues to Offer Opportunities for Investors in the Power Sector

Notwithstanding the ongoing crisis in the oil sector globally that has led to significant drops in government revenue, the Angolan Government has said it remains ever more committed to the … Read More

The Mozambican Gas Promise and Why It Epitomizes the African Dream

It has been almost exactly ten years since Anadarko drilled the well that would give Mozambique its first major gas find in over sixty years of mostly disappointing oil and … Read More

Mozambique Approves PSCs Awarded During the 5th Competitive Bidding Round

The Mozambique’s government has approved exploration contracts to various international companies awarded blocks during the 5th Competitive Bidding Round in 2015 after four years of delays. The companies which include: N-Exploration (100% Rosneft subsidiary) … Read More

Over $9.1bn will be spent on Mozambique’s upstream capex by 2020, says GlobalData

An average capex of $3.0bn per year would be spent on eight oil and gas fields in Mozambique between 2018 and 2020. Capital expenditure into Mozambique’s oil and gas projects, … Read More