Browsing: Extractives

Extractives Operations on offshore Area 1, Mozambique. Photo: Anadarko
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Anadarko and its partners the Mozambique LNG project have signed a binding LNG sales agreement with Bharat Gas Resources, a subsidiary of India’s Bharat Petroleum Corporation (BPCL) – a 10% shareholder in Area 1 – for 1 million tonnes per annum (mtpa) for 15 years, the company announced on [...]

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Electricity Sasol's gas processing facility at Temane, Mozambique. Photo © Tom Bowker / Zitamar News
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A final investment decision (FID) on Sasol’s 400 MW gas-fired power plant in Inhambane province, and an associated transmission line to Maputo - initially slated for 2018 - is still likely to be at least 18 months away. The integrated development plan for the Central Termica de Temane (CTT) [...]

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Extractives Carlos Zacarias, head of petroleum regulator INP. Photo © Fungai Caetano / Zitamar News
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Carlos Zacarias, the chairman of Mozambique’s petroleum regulator INP, is facing legal action from a consortium that bid in Mozambique’s fifth oil and gas licensing round and is accusing the director of abuse of power and falsifying documents. The consortium, led by ShoreCan – 

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Business Part of the land in Sommerschield to be taken over by ExxonMobil. Photo © Tom Bowker / Zitamar News
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ExxonMobil has bought the rights to a 12 hectare plot of land in Maputo, capital of Mozambique, from state telecoms operator TMCEL, Zitamar News has learned. The US oil giant has paid $47 million for the plot in Sommerschield, neighbouring the Eduardo Mondlane University campus, [...]

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Extractives Eric Williams. Photo: http://rtesl.org/
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A former energy minister for Trinidad & Tobago has been appointed by Mozambique’s Ministry of Mineral Resources and Energy to help develop the country’s LNG and domestic gas strategy, as well as to support the government in negotiations with oil and [...]

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Business Map showing directions from Pemba in the south to Palma in the north, via Mocimboa da Praia. Image: Google Maps
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ExxonMobil is is looking for a private security company to work with Mozambique’s state security forces to protect its staff and projects in Cabo Delgado, where an insurgency shows no sign of easing more than a year after the first attacks.

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Business Workers on a gas rig offshore Mozambique. Photo: Anadarko
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Mozambican insurers will be excluded from a multi-million dollar contract for the Anadarko-led LNG project in Mozambique, as no local firm meets the tender requirements, Zitamar understands. A call for expressions of interest (EOI) to provide onshore [...]

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