The value of Mozambican coal exports rose 200 percent between the first quarter of 2016 and the same period in 2017, with the product accounting for a full one-third of the value of exports, the Bank of Mozambique has announced. Continue reading
The Nigerian National Petroleum Corporation (NNPC) has awarded 39 companies crude oil term contracts for the 2017 period. Continue reading
Mozambique, which has vast offshore gas reserves, will hold its sixth round of oil and gas licensing round late in 2017 or in 2018, a government official told an industry conference on Tuesday. Continue reading
Those companies that failed to win acreage in Mozambique’s latest licensing round will have another chance in 2017. According to a government official the country plans to hold another licensing round in 2017.
“We will do it in 2017. Our strategy now is to do it every two years,” Jose Branquinho, the head of resource assessment at Mozambique’s INP, told Reuters.