Eni's Board of Directors has given the go ahead for a $9 billion floating liquified natural gas (FLNG) project off the coast of northern Mozambique, paving the way for FID before the end of the year. The [...]
Mozambique’s state petroleum regulator expects to sign exploration contracts with the winners of the 5th oil and gas licensing round by the end of 2016, paving the way for $700 [...]
Italian oil company Eni is “fine tuning” a deal to sell part of its stake in Mozambique’s offshore Area 4 to US major Exxon Mobil, the head of Mozambique’s national oil company, Omar Mithá, told Zitamar News [...]
Mozambique’s plans to reduce reliance on imported fuel by using Rovuma Basin gas to produce diesel could fail due to the small quantities of gas available to the domestic market, as well as the costs of building such a facility, experts have warned. [...]
Mozambique’s oil and gas regulator, the Instituto Nacional de Petroleo (INP), has put an ambitious timetable to select which major projects will use domestic gas from the Eni- and Anadarko-led gas fields in the Rovuma basin.
Eni and its partners in Mozambique’s Offshore Area 4 gas project today signed a 20-year agreement to sell all output from the Coral South Floating LNG facility to British oil major BP. The Coral FLNG plant will have a [...]