ExxonMobil to Acquire 25% Interest in Mozambique Area 4 from Eni

ExxonMobil and Eni have signed today a sale and purchase agreement to enable ExxonMobil to acquire from Eni a 25 percent indirect interest in the natural gas-rich Area 4 block, offshore Mozambique. Eni … Read More

Mozambique President Sacks Energy Minister

Mozambique president Filipe Nyusi has sacked Energy Minister Pedro Couto who has headed the docket since January 2015 at a crucial time when the country is preparing to enter the … Read More

Eni, Statoil land Angoche area A5-A block license offshore Mozambique

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 … Read More

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

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

ExxonMobil, Sterling Energy relinquish Madagascar’s Ampasindava Block

Joint Venture partners ExxonMobil and Sterling Energy have announced that they have signed the relevant documentation with Office des Mines Nationales et des Industries Stratégique OMNIS to relinquish the Ampasindava … Read More

Statoil makes eighth natural gas discovery in Block 2 offshore Tanzania

Statoil has announced that the Mdalasini-1 exploration well has resulted in a new natural gas discovery offshore Tanzania encountering an additional 1.0-1.8 trillion cubic feet (tcf*) of natural gas in … Read More

Sterling Energy receives license extension for Madagascar’s Ambilobe, Ampasindava Blocks

The AIM listed oil & gas exploration company Sterling Energy Plc has announced it has received a Ministerial and Presidential approval was granted in October 2014 to extend the current … Read More