Mozambique Oil & Gas: Government approves Rovuma Basin LNG maritime terminal concession

 

Ophir Energy O19754104913_d8927e1d1e_oThe Council of Ministers yesterday approved decrees authorizing the terms and conditions of the agreement that grants to the multinationals Anadarko and Eni the Maritime Liquefied Natural Gas Terminal and the installation of Material Discharge in Areas 1 and 4 of the Rovuma Basin, district of Palma, province of Cabo Delgado. Continue reading

Mozambique Oil & Gas: Anadarko gas project is well under way, President of Mozambique says

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Anadarko gas project well underway

USA, 16th June – Mozambican President Filipe Nyusi has said he hopes that by the end of the year, decisions will be made for the US oil company Anadarko to launch the natural gas exploration project in the Rovuma Basin in the north of the country. Continue reading

Africa Oil & Gas: Is Mozambique Africa’s Qatar Of Natural Gas?

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Mozambique had decided that its massive natural gas reserves would be the country’s ticket off of the world’s poorest countries shortlist – but mismanagement of domestic strife and wonky fiscal planning have put Maputo behind in becoming Africa’s Qatar. Continue reading

Mozambique Oil & Gas: Natural gas exploration to have final investment decision

Floating platform in the Rovuma basin , Cabo Delgado province

Eni floating platform

The projects that could transform Mozambique into one of the world’s largest producers of natural gas are about to begin, with some of the largest groups in the sector, such as the China National Petroleum Corporation, looking to Asia as the market for their products. Continue reading

Global Oil & Gas: Anadarko with improved outcome in Q1, Mozambique LNG moving forward

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Offshore Mozambique (image courtesy by Anadarko)

Woodlands-based Anadarko, the developer of the giant Mozambique LNG project, narrowed its loss in the first quarter than a year ago, boosted by higher oil prices. The company said its multi-billion LNG development in Mozambique has moved forward during the quarter. Continue reading

Global Industry: Anadarko brings experience to its board

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Claire Farley (Image courtesy of TechnipFMC)

Anadarko, the developer of the giant Mozambique LNG project, has named Claire Farley to serve as an independent director of the company.

Speaking of the appointment, Anadarko chairman, president and CEO, Al Walker, said Farley brings far-reaching experience in finance, strategic investments, mergers and acquisitions, and exploration and new ventures.

 

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Mozambique Oil & Gas: Country may become a global driving force in natural gas

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Andrew Seck, vice president of the Liquefied Natural Gas Sector of North American multinational Anadarko, said in Maputo yesterday that Mozambique was capable of producing world-class natural gas and could position itself as an driving force in this sector. Continue reading

Mozambique Oil & Gas: ExxonMobil to explore gas in area 4 of the Rovuma Basin

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Anadarko – The Deepwater Millennium drillship

US Oil giant ExxonMobil will be a partner in the exploration of natural gas in area 4 of the Rovuma basin in the country, the chairman of the State Hydrocarbons company – ENH, Omar Mitha said according to daily newspaper Notícias. Continue reading

Mozambique Oil & Gas: Cabinet extends tender for domestic energy production from Rovuma LNG

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Rovuma gas basin 

The government of Mozambique announced a one-month extension of the deadline for the tender to select companies interested in the design, investment and development projects to use liquefied gas (LNG) in initiatives such as the production of electricity and production of fertilizer or liquid fuels for local consumption. Continue reading

Mozambique Oil & Gas: Qatar considers joining Exxon’s Rovuma gas move

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Qatar Petroleum is in talks with Exxon and Eni on some kind of involvement in Mozambique

Qatar Petroleum is interested in the Mozambique gas business of Italian energy group Eni and could opt to join Exxon Mobil in buying a multibillion-dollar stake, sources familiar with the matter said. Continue reading