Qatar Petroleum signs an exploration agreement into Mozambique

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

Discover Exploration Limited Farms Out Blocks 35, 36 & 37 to Tullow Oil Offshore Comoros

Discover Exploration Limited has announced that its wholly-owned subsidiary Discover Exploration Comoros B.V. has signed a binding agreement to farm out a 35% working interest in its Production Sharing Contract (PSC) covering … Read More

Anadarko Allocates $200M Towards Mozambique LNG Project

Anadarko Petroleum the operator in Mozambique Offshore Area 1 has said it has allocated approximately $200 million toward its LNG project, pre FID (final investment decision), for its’s portion of the costs … Read More

Fast-Track PSTM Data from CGG’s Mozambique Multi-Client Survey Out

CGG has announced that the fast-track 3D seismic data from its recent Mozambique multi-client survey in the outer Zambezi Delta Basin is now available for license. Interested international oil companies … Read More

Outlook for Africa’s oil & gas industry improves – PwC report

The outlook for Africa’s oil & gas industry is positive amid difficult operating and economic headwinds. Tough economic and external conditions have placed pressure on oil & gas companies to … 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