A ministerial decree from the Ministry of Mineral Resources and Energy came into force this month, obliging oil companies with concessions in Mozambique to provide the state with information on salaries and the contracting of goods and services, including proof of the bids received in these tenders. Notícias reports that the document approves the Mechanisms for Guiding Obligations...
The Government, through the Council of Ministers, approved today, Tuesday (23), in another ordinary session, the Decree approving the Terms of the Oil Exploration and Production Concession Contract for the Angoche Offshore Area A6-C, to ENI Mozambico SpA. and Empresa Nacional de Hidrocarbonetos, E.P. (ENH, E.P.), as Concessionaires....
The Minister of the Sea, Inland Waters and Fisheries, Lídia Cardoso, said that the gas industry currently has one of the highest growth rates in global production with around 13%. "Cabo Delgado has started to explore and export liquefied natural gas from the southern coral platform and currently has one of the highest...
The Mozambican government has expressed its willingness to draw on the experience of the Republic of East Timor in the management of the Sovereign Fund, resulting from the resources generated by the exploitation of hydrocarbons. This was stated today, Friday (05), in Maputo, by the President of the Republic, Filipe Nyusi, at the end of talks, as part of the three-day state visit that...
Prime Minister Adriano Maleiane yesterday defended the design of a diversified plan for balancing national production, which is not solely dependent on the emerging extractive industry. Maleiane was speaking at the launch, in Maputo, of the book "Extractive Industry in Africa - Blessing or Curse", by academic António Niquice, which took place yesterday. In statements produced...
Through the Council of Ministers, the Mozambican government has extended the gas pipeline concession held by Matola Gás Company (MGC) for the transportation of natural gas from the administrative post of Ressano Garcia, Maputo province, for a further period of 15 years. Meeting at its 19th ordinary session of the Council of Ministers, in...
Mozambique is still counting on the operationalization of the liquefied natural gas exploration project in Area 4 of the Rovuma Basin, in Cabo Delgado province, valued at 46 billion US dollars. To this end, the country continues to maintain contact with the parties involved in the project, including the US oil company, Exxon...
This country is almost entirely dependent on imported energy, but that paradigm is about to change. There is a glimpse of South Korea following new winds in the energy sector. The government has given the green light for the drilling of an underwater field that could contain up to 14 billion barrels of oil and...
Last week, a Mozambican delegation signed a memorandum with the Brazilian Union of Biodiesel and Biokerosene (Ubrabio) making it possible to share technologies for setting up a biodiesel production industry in Mozambique. Mozambique does not yet produce biodiesel, but it does have a policy of mixing biodiesel and fossil diesel. The country intends to replicate...
Galp Energia Rovuma B.V. has sold its entire stake in the liquefied natural gas production project in Area 4 of the Rovuma Basin to ADNOC International Limited (ADNOC International), a subsidiary owned 100% by Abu Dhabi National Oil Company (ADNOC) PJSC (ADNOC PJSC). The information was released in a statement by...