Mozambique Awards Gas Development Projects to Yara, Shell
Mozambique, which has vast offshore gas resources, has awarded gas development projects to Norway's Yara International, Shell Mozambique and GL Energy Africa, the National Petroleum Institute (NPI) said on Monday. Yara will develop fertilisers and 30-50 megawatts (MW) of power while Shell Mozambique will produce diesel and 50-80 MW of power. GL Energy Africa will produce 250 MW from gas resources, the NPI said in a statement on its website.
Mozambique Extends Bidding for Oil & Gas Blocks
Mozambique has extended by over three months a licensing round for 15 new offshore and onshore blocks for gas and oil exploration and production, a senior government official said on Monday. When the blocks were unveiled in October, the government said bids would be accepted until Jan. 20, 2015. That has now been extended until April 30 because of the level of interest and company requests for additional time, Arsenio Mabote, chairman of the National Petroleum Institute, told Reuters.
Multiclient Seismic Data Offshore Mozambique Available from Schlumberger
Schlumberger announced today the availability of its multiclient seismic survey offshore Mozambique. The Schlumberger multiclient seismic data offered in collaboration with the National Petroleum Institute of Mozambique (INP) includes reprocessed 2D lines and newly acquired seismic data, and provides detailed imaging of the subsurface. “The recent discoveries and regional appraisals in the area indicate significant frontier exploration potential…
Multiclient Seismic Data Offshore Mozambique Available
2D data offered in collaboration with the National Petroleum Institute of Mozambique. Schlumberger has announced the availability of its multiclient seismic survey offshore Mozambique. The Schlumberger multiclient seismic data offered in collaboration with the National Petroleum Institute of Mozambique (INP) includes reprocessed 2D lines and newly acquired seismic data, and provides detailed imaging of the subsurface.
Mozambique Offers New Oil & Gas Terms
Amended law opens way for fresh bidding rounds; legislation requires partnership with state oil firm ENH. LNG processing projects to operate under special regime and Mozambique chasing 2018 target for first LNG export. Mozambique's parliament has passed an amended petroleum law that will allow the government to issue new gas and oil exploration licences but it also requires investors to partner with the state oil firm, the mineral resources minister said on Friday.
Smaller Firms Will Lead East Africa's Oil and Gas Development
Smaller oil explorers willing to take financial and operational risks will lead the development of East Africa's oil and gas industry as majors ditch riskier projects as margins fall, executives from several oil and gas firms said on Tuesday. The region has emerged as a significant prospect for the export of liquefied natural gas (LNG) because of the size of natural gas discoveries there and its proximity to Asia's major LNG consumers. The U.S.
