Browsing: Delonex

Extractives
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Mozambique government to review oil company stock exchange requirement

Contracts for the exploration of five oil and gas blocks will be sent to the Mozambican government next week for approval, with ministers asked to rule on the question of whether international oil companies must list on the local bourse. Mozambique [...]

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Another oil company quits Mozambique block as contract negotiations drag on

Mozambique’s petroleum sector regulator, the INP, has announced that another winner in the country’s fifth oil and gas licensing round has formally quit the country - as reported by Zitamar News in January 2018. In [...]

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CGG to prepare data for Mozambique’s next oil and gas auction

French geoscience company, CGG, will soon start acquiring new data on Mozambique’s potential offshore oil and gas resources in preparation for the launch of a new oil and gas licensing round, which could happen as soon as next year.

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Oil & Gas
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Mozambique prepared to offer oil explorers greater fiscal stability

Mozambique’s Council of Ministers agreed on Tuesday to make adjustments to Article 40 of the petroleum tax law to improve the fiscal stability of new oil and gas projects, which should help kickstart new investment in exploration in the country. [...]

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Oil & Gas
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Currency questions delay Mozambique oil and gas exploration contracts

International oil companies planning to explore areas on- and offshore Mozambique are still seeking clarifications from the Mozambican authorities on the rules governing their use of foreign currency, according to a report on Monday in state-owned daily [...]

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