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 [...]
Welcome to the last Zitamar Daily Briefing for 2018. The newsroom will be on holiday from now until 7 January - though exceptions may be made for important breaking news. Agenda:
- Today: Constitutional Council gave its final verdict on the Marromeu municipal [...]
Welcome to Zitamar’s daily Mozambique briefing for 29 May, 2018. Agenda
- Today: Workshop on the management of natural resource revenue - organised by Counterpart International, at the Radisson Blu hotel in Maputo [...]
United States supermajor ExxonMobil will today close the acquisition of its $2.8 billion stake from Eni to take a 25% stake in the Area 4 gas block in northern Mozambique, two well-placed sources told Zitamar [...]
Italian oil major Eni and its partners in the Area 4 consortium in northern Mozambique have closed the $4.675 billion debt package for the Coral South FLNG project – the first FLNG facility in the world to be project financed.
Mozambican transparency NGO the Centro de Integridade Pública (CIP) today demanded energy minister Letícia Klemens provide a clarification on why contracts from the latest round of oil and gas exploration licensing have still not been signed. [...]
The Mozambican Tax Authority took in 89.5 billion meticais ($1.46bn) during the first half of 2017, a 12% increase on the first half of 2016 despite a slowdown in public investment leading to lower receipts in some sectors.
Mozambique’s Tax Authority (Autoridade Tributaria, or AT) is still calculating the taxable base for the offshore gas block stake that Italy’s Eni is selling to US oil giant ExxonMobil, promising a statement on Tuesday on how it calculates the capital gains [...]
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 [...]