Rovuma Basin News

 

Mozambique LNG a step closer

May 18, 2015

Anadarko’s offshore Mozambique Offshore Area 1 development has taken a step closer with the signing of contractors for the onshore LNG terminal.  A consortium consisting of CB&I, Chiyoda Corp. and Saipem were picked following a front end engineering and design (FEED) tender process…

Low prices challenge Mozambique’s latest round

Mar 17, 2015

While Mozambique’s previous two oil and gas licensing rounds have had limited success, the country will be hoping that recent discoveries and its revised fiscal environment will create an investment boost during its latest bid round, says research and consulting firm GlobalData…

Offshore East Africa: what’s next?

Feb 02, 2015

As a result of recent offshore successes in Mozambique and Tanzania, the entire East Africa margin currently has the attention of the world’s new ventures teams, explorers and gas (LNG) buyers. What might happen next in this new hydrocarbon province…

Mozambique 5th licensing round deadline extended

Dec 29, 2014

The deadline to apply in Mozambique’s fifth licensing round has been extended to 30 April 2015. The Institute of National Petroleum (INP), on behalf of the Government of the Republic of Mozambique, announced the extension for the competiive…

Biggest discoveries of the last 10 years

Dec 01, 2014

No end in sight for giant conventional discoveries Despite the developments in unconventionals over recent years, giant conventional oil and gas fields continue to be discovered around the world. Over the past 10 years, eight of the top…

GlobalData: Kenya investment on the rise

Oct 28, 2014

Kenya will need to focus on providing a competitive and stable fiscal environment if it is to fully exploit its offshore gas industry and attract investors ahead of Mozambique and Tanzania, says an analyst with research and consulting firm GlobalData…

Eni, Kogas strengthen African presence

Oct 17, 2014

Italian major Eni and Korea Gas Corp. (Kogas) signed a cooperation agreement that will allow the two to jointly pursue global opportunities in a number of areas including the upstream and LNG sectors.  Image from Kogas…

KD consortium wins Eni FLNG FEED

Oct 16, 2014

Eni East Africa SpA awarded the KD consortium, consisting of KBR Inc. and Korea’s Daewoo Shipbuilding & Marine Engineering (DSME), a contract for a front end engineering design (FEED) for a floating liquefied natural gas (FLNG) facility for…

Mozambique approaching 5th licensing round

Oct 08, 2014

Mozambique will announce their fifth licensing round later this month in London. A total of 15 blocks at a total acreage of 76,800sq km will included in the competitive bidding round for hydrocarbon exploration that include areas offshore Rovuma…

Mozambique will host US$30 billion LNG project

Sep 17, 2014

Over US$30 billion will be committed in Mozambique to produce 20 million tonnes of LNG annually (mtpa), with the ports of Pemba and Palma to be redeveloped under a massive program. Mozambique's national oil company, Empresa Nacional de Hidrocarbonetos (ENH)…

CNOOC opens 33 blocks off China

Sep 11, 2014

State-run China National Offshore Oil Corp. (CNOOC) issued an exploration tender inviting foreign oil companies to bid for 33 oil and gas blocks. The gas blocks cover an area of 126,108sq km off east and southern China. CNOOC says…

Rovuma gas for GTL?

Jul 04, 2014

Sasol has announced a joint pre-feasibility study for a large-scale gas-to-liquids (GTL) plant, which will be based on gas from the Rovuma Basin in northern Mozambique. The study, which is being conducted in conjunction with Mozambique’s national oil company…

BG strikes Tanzanian gas

Jun 04, 2014

Ophir Energy announced that partner and operator BG Group made a new gas discovery in Block 1, located in the Mafia Deep basin off Tanzania. The Taachui-1 well’s net pay amounted to 155m, with estimates for the mean recoverable resource placed at 1Tcf…

New Zealand announces 2014 block offer

Apr 03, 2014

New Zealand's Minister of Energy and Resources Simon Bridges announced the country's third block offering. Up for grabs is a total of 405,000sq km, including both on and offshore acreage. Offshore release areas include the Reinga-Northland Basin…

PSC agreed offshore Comoros

Mar 20, 2014

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…

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