Browsing: Oil & Gas
Unresolved issues hold up Exxon Mozambique LNG plan approval
Mozambique’s petroleum regulator, INP, is still reviewing the LNG development plan for the Area 4 block in the Rovuma Basin, despite pressure from operator ExxonMobil to have the plan approved by the end of March to allow it to take a final investment [...]
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Resource nationalism in Tanzania driving gas investors to Mozambique
The high risk of resource nationalism in Tanzania means that oil companies are increasingly viewing neighbouring Mozambique as a “more predictable and dependable partner” for the development of offshore gas assets, according to political risk consultancy Verisk Maplecroft.
Tanzania’s descent [...]
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Qatar Petroleum makes second bet on Mozambique exploration
Qatar Petroleum is doubling down on its exploration bet in Mozambique, agreeing to buy a 25.5% interest in offshore exploration Block A5-A from Italian oil company Eni.
QP, the world’s largest producer is LNG,
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Anadarko contractor beheaded in second Cabo Delgado attack
A driver for Portuguese construction company Gabriel Couto was beheaded in one of two attacks on contractors working for Anadarko in Cabo Delgado on Thursday.
Anadarko confirmed on Friday afternoon that there was one fatality in the two attacks, which took place at around 17:00 around 20 km [...]
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Anadarko convoy attacked by gunmen in Cabo Delgado
An Anadarko convoy was attacked on the road from Mocimboa da Praia to Afungi in Cabo Delgado at approximately 17:00 on Thursday, the company has confirmed, saying work is now underway “to account for all personnel”.
The attack happened at the village of Mute, around 25 km south of Palma, the [...]
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South Africa to continue Mozambique gas pipeline talks in March
South Africa’s energy minister will visit Mozambique in March to discuss the possibility of building a giant pipeline to import Rovuma Basin gas into South Africa.
“We are talking. We will have a bilateral [meeting] sometime in March with the minister of energy in Mozambique,” Jeff Radebe [...]
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Anadarko hits LNG sales target with Indonesia deal
Anadarko could take FID on its Mozambique LNG project at the end of March after signing a sale and purchase agreement (SPA) to sell one million tonnes per annum (mtpa) of LNG to Indonesia’s Pertamina - bringing its total contracted volumes to 9.5 [...]
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Anadarko Announces 1 mtpa LNG sales agreement with Indian partner
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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Transmission line financing taking shape for $1.2 billion Temane power project
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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