Browsing: Oil & Gas

Mozambique has closed bidding for 16 offshore oil and gas exploration blocks — attracting bids on just six blocks, from a total of just two companies, Italy’s Eni and Chinese state-owned oil company CNOOC

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Mozambique is entitled to draw on $317.2 million in guarantees posted by major oil and gas companies, who have failed to meet deadlines to drill exploration wells on blocks they were awarded in the country’s fifth auction round

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Sep Borrell says first LNG shipment to leave for Europe 'within days', and that EU financing should be made available for Rwanda's as well as the SADC's military deployments in Mozambique

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TotalEnergies will assess “safety conditions” to determine whether to resume work on its LNG project on Afungi by the end of 2022, and has denied that it demanded a 25km safe area around the project site

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The Mozambican government has promoted the director of projects and development at petroleum regulator INP to the post of chairman, taking the place of Carlos Zacarias who was appointed minister of mineral resources and energy in March

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