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    29 October, 2015
Results of hydrocarbon licensing round announce
 
London, 29 Oct (AIM) - Mozambique’s National Petroleum Institute (INP) has announced the results of the fifth licencing round for exploration and production of hydrocarbons in fifteen blocks.
 
The fifteen blocks on offer cover an area of 74,259 square kilometres. They are located off the northern coast including the Rovuma Basin, the Zambezi Delta and the area near Angoche, in Nampula province, and onshore around Pande/Temane and Palmeira, in the southern provinces of Inhambane and Maputo
 
Bids were received for eight of the blocks of which six were successful. The prospective operators have now been invited to commence negotiations for an Exploration Production Concession Contract. These companies are the Italian company ENI, US giant ExxonMobil, South Africa’s Sasol, and London-based Delonex Energy.
 
ENI, which is already operating offshore Area Four, in the Rovuma Basin, off the coast of Cabo Delgado province, was awarded the A5-A area near Angoche. The neighbouring block, A5-B, somewhat further out to sea, has gone to ExxonMobil.
 
ExxonMobil was also awarded blocks Z5-C and Z5-D in the Zambezi Delta, off the coast of Sofala province.
 
Sasol was granted the PT5-C block in the Pande-Temane area. Sasol is already the operator of the known Pande and Temane gas fields, and has been producing gas there for the past decade, most of which is sent by pipeline to Sasol’s chemical plants in the South African town of Secunda.
 
Finally, the P5-A block in Palmeira has been awarded to Delonex. This company is funded by the global private equity firm Warburg Pincus, and is also supported by the International Finance Corporation (IFC), the member of the World Bank group which finances private sector ventures in developing countries.
 
According to the INP, during the first period of exploration (over the next four years) more than 691 million US dollars will be spent on drilling ten wells, eight of them in deep water, gathering seismic data and on other geotechnical studies.
 
Three further companies will act as non-operator partners: the Russian company Rosneft is the partner of ExxonMobil in the three blocks awarded to the American company; the Norwegian company Statoil will partner ENI and Sasol; and the Indian Oil Corporation will partner Delonex Energy.
 
In addition, in each area the state hydrocarbon company, ENH, is taking up a stake of between ten and thirty per cent.
(AIM)
 
 
  18 November, 2019  
 
President addresses Catholic Bishops
 
President Filipe Nyusi on 16 November challenged the Catholic Church to continue its commitment to achieving the social well-being of Mozambicans and indicated that dialogue should be one of the paths chosen.

 
  17 November, 2019  
 
New water system for Gorongosa inaugurated
 
More than 30,000 people will benefit from clean drinking water in Gorongosa town, in the central Mozambican province of Sofala, thanks to a new water supply system that President Filipe Nyusi inaugurated on 15 November.

 
  15 November, 2019  
 
President Nyusi inaugurates rebuilt Beira – Zimbabwe highway
 
President Filipe Nyusi on 14 November inaugurated the rebuilt highway from the central port of Beira to the Zimbabwean border, a distance of 287 kilometres.

 


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