Browsing: Mamba and Prosperidade

Extractives An ExxonMobil offshore platform
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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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Extractives An ExxonMobil offshore platform
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The Mozambique Area 4 consortium led by ExxonMobil and Eni expects to take a final investment decision in 2019 after making “significant progress” towards agreements to sell its liquefied natural gas (LNG). Exxon [...]

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Oil & Gas Photo © Airbus Helicopters
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Eni East Africa is seeking expressions of interest (EOI) from companies who can offer logistics services by air and sea to its operations on and off Mozambique’s north-eastern coastline. Italian Eni, which is leading efforts to produce liquefied natural gas from gas fields in Offshore Area [...]

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Extractives Mozambique President Filipe Nyusi is due to visit IMF Managing Director Christine Lagarde in September. Photo © Timothy Haccius / Zitamar News
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Rex Tillerson, chief executive of the world’s largest oil company, ExxonMobil, flew into Maputo this week for a meeting with Mozambique’s president, raising expectations that a deal to buy part or Eni’s Rovuma Basin gas block is now close.

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Extractives An LNG plant in Australia. © ConocoPhillips
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Eni East Africa, the Mozambique subsidiary of Italian oil and gas company Eni, is still working on winning government permits for onshore liquefaction facilities for its Area 4 gas project despite indications the company may only develop a floating LNG plant in [...]

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