Mozambique News

 

CGG Readies Offshore Mozambique Seismic Survey

Feb 04, 2020

French seismic player CGG has completed the final 3D PSDM seismic dataset from its recent 15,400-sq km (5,946-sq mi) multi-client survey of the outer Zambezi Delta in the Mozambique basin.The ultramodern data was acquired over blocks Z5-C and…

Sapura Energy Secures New Order

Dec 05, 2019

Malaysian oil and gas services firm Sapura Energy has secured several new contracts and contract extensions for its engineering and construction (E&C) as well as drilling segments.The contracts, valued at approximately RM615 million (USD 148 million)…

Total Closes Mozambique LNG Purchase

Sep 30, 2019

Total has completed the acquisition of Anadarko's 26.5% stake in Mozambique's liquefied natural gas (LNG) project for $3.9 billion, the French oil major said on Monday.'Mozambique LNG is a one of a kind asset that perfectly fits with our strategy and expands our position in liquefied natural gas…

Mozambique Eyes $880 Mln in Tax from Anadarko Takeover

Sep 27, 2019

Mozambique is targeting $880 million in capital gains tax from the takeover of Anadarko Petroleum by Occidental Petroleum, local newspaper O Pais reported on Friday.Anadarko led a liquefied natural gas project in the southern African country…

Rosneft to Develop Offshore Fields in Mozambique

Aug 22, 2019

Russian oil giant Rosneft announced it has signed a cooperation agreement with the National Petroleum Institute (Instituto Nacional de Petróleo, INP) and a memorandum with Mozambique's state-owned Empresa Nacional de Hidrocarbonetos on Thursday to develop natural gas fields in Mozambique…

Saipem: Saudi Contracts Part of Gas Shift

Jul 10, 2019

Two contracts signed in Saudi Arabia for $3.5 billion by Italy's oil contractor Saipem are part of a shift in the company's strategy to focus more on natural gas, Chief Executive Stefano Cao said on Wednesday.Saipem said on Tuesday it won two…

Oceaneering Awarded Work in Mozambique

Jun 19, 2019

Oceaneering announced on Wednesday it has secured a contract from Anadarko Petroleum Corporation to supply umbilicals, distribution hardware, and aftermarket services for its liquefaction and export terminal project in Mozambique.The multiple…

TechnipFMC Wins $1 Billion Subsea Contract

Jun 18, 2019

TechnipFMC said it has been awarded a number of subsea contracts by US-based Anadarko Petrleum for its Golfinho/Atum development offshore Mozambique.The UK-based firm said it was awarded a contract worth more than $1 billion for the engineering…

Anadarko Approves $20 Bln Mozambique LNG Project

Jun 18, 2019

U.S. energy firm Anadarko Petroleum Corp gave the go-ahead on Tuesday for the construction of a $20 billion gas liquefaction and export terminal in Mozambique, the largest single LNG project approved in Africa, according to the government of Mozambique and energy consultancy Wood Mackenzie…

EPC Contract Awarded for Mozambique LNG

Jun 05, 2019

A joint venture between McDermott, Saipem and Chiyoda, has reached full agreement for a contract with Anadarko Petroleum Corporation for the Mozambique Area 1 Liquefied Natural Gas (LNG) Development, McDermott International announced on Wednesday…

Eni Adds Blocks Offshore Mozambique

May 29, 2019

Eni announced Wednesday it has gained rights to explore and develop three deepwater offshore blocks offshore Mozambique.Through a farm-in agreement, signed with ExxonMobil Moçambique Exploration & Production Limitada and authorized by Mozambican institutions…

Rovuma LNG Gets Government Green Light

May 14, 2019

The government of Mozambique has approved development plans for the ExxonMobil-led Rovuma LNG project, which will produce, liquefy and market natural gas from three reservoirs located in the Area 4 block offshore Mozambique, two of which straddle the boundary with neighboring Area 1…

Mozambique LNG FID in June, says Anadarko

May 09, 2019

Anadarko Petroleum, the U.S. independent energy group in the midst of a takeover, said on Wednesday it was ready to make a final investment decision on its $20 billion liquefied natural gas (LNG) project in Mozambique on June 18.Chief executive…

Occidental Agrees to Sell Anadarko Assets to Total

May 06, 2019

Texas-headquartered Occidental Petroleum has reached an agreement to sell Anadarko Petroleum's oil and gas assets in Africa to French oil major Total for $8.8 billion.The binding agreement with Occidental to acquire Anadarko’s assets in Africa (Algeria…

Oxy Would Sell Anadarko’s Africa Assets to Total

May 05, 2019

France's Total SA said on Sunday it has agreed with Occidental Petroleum Corp to acquire the African assets of Anadarko Petroleum Corp for $8.8 billion, should the two U.S. oil and gas companies clinch a deal to combine.The agreement with Total…

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