The National Assembly of the Comoros, a sovereign archipelago island nation east of Mozambiue, Africa, has ratified a production sharing contract with Bahari Resources. The PSC, covering offshore blocks 35, 36, and 37 (previously named blocks A…
ONGC Videsh Ltd (OVL) and Oil India Ltd (OIL) have completed the acquisition of 10% PI in the Rovuma Area 1 offshore block in Mozambique by acquiring 100% shares of Videocon Mozambique Rovuma 1 Ltd, the company holding the 10% PI in the Area 1 from Videocon Mauritius Energy Ltd…
Fugro recently opened new offices in Mozambique, and established the only internationally-accredited laboratory in Mozambique. The office is located in the port city of Maputo to enable efficient response to client requirements for offshore…
A European consortium, led by NEL in the UK, has been awarded a three year research project to establish a reference measurement network and standards aimed at improving the accuracy of subsea multiphase flow measurement for the oil and gas industry…
UK Trade & Investment presented a varied session on petroleum investment opportunities in East and West Africa today, focusing on Kenya, Tanzania, Uganda, Mozambique, and Ghana. Mrs. Wanjiku Manyara, general manager of the Petroleum Institute of East Africa…
Eni S.p.A. CEO Paolo Scaroni and Eni E&P COO Claudio Descalzi met with Mozambique President Armando Guebuza today in Changara, the mineral district of Tete province in western Mozambique, to discuss Eni’s ongoing activities and projects in the country…
All eyes are on Mozambique as significant natural gas finds are set to turn the East African country into a major LNG player, but are oil riches on the horizon? Mozambique’s prolific Rovuma basin holds 12 offshore discoveries within a 50km radius…
Energy advisors Douglas-Westwood announced that R. Michael Haney, Director of the firm’s Houston office, will deliver a talk at next week’s Offshore Technology Conference in Houston. The talk is titled “Overview of Mozambique’s Oil and Gas Sector…
The 45th annual Offshore Technology Conference (OTC) in Houston places the spotlight on the latest technological advances plus industry stars such as new head of BP Upstream Lamar McKay and PEMEX’s E&P director Carlos Morales-Gil. OTC returns to Houston’s Reliant Park complex May 6-9…
WesternGeco today announced that it has begun acquisition of a major multiclient seismic survey offshore Mozambique using the ObliQ* sliding-notch broadband acquisition and imaging technique. The technique optimizes the recorded bandwidth…
Anadarko Petroleum encountered approximately 190ft (58m) of net natural gas pay at its Orca-1 discovery well, off Mozambique, the company announced on April 18, 2013. The gas discovery is contained in a Paleocene fan system at Offshore Area 1 in the Rovuma Basin…
Statoil has farmed down a 25% working interest in its operated exploration licence offshore Mozambique to Japanese based INPEX Mozambique, a wholly owned subsidiary of INPEX Corp.The licence, which consists of two blocks, under one licence agreement…
Mozambique puts licensing terms under review Mozambique is in the process of updating its licensing regulations ahead of its 4th Licensing Round. Arsenio Mabote, Chairman, Instituto Nacional de Petroleo (INP, the national oil company of Mozambique)…
McDermott, Allseas lock subsea pipeline FEEDMozambique mapMcDermott International, Inc. announced that one of its subsidiaries has teamed up with industry leader Allseas to provide a robust project execution strategy for the front-end…
In October 2012, the government of the Comoros Islands issued a statement that only one company, Mozambique Channel Discovery Ltd. (MCD), a subsidiary of Luxembourg-based Boulle Mining Group, has oil and gas exploration and production rights throughout the territorial waters of the Comoros…