Browsing: Rosneft

Extractives Blocks in Central Mozambique in INP's 5th round. Image: INP
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Mozambique’s petroleum sector authorities will launch a consultation with oil companies next month to gauge interest in a new round of exploration blocks, following the signing of exploration and production concession contracts (EPCCs) for the fifth round blocks [...]

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Extractives The Angoche Basin between Mozambique and Madagascar.
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Mozambique’s Council of Ministers today approved concession contracts for five offshore and one onshore prospective oil and gas blocks in the country, where ExxonMobil, Rosneft, Eni and Sasol are expected to invest at least $700 million over the coming [...]

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Extractives The exploration blocks auctioned off in the INP's 5th round
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The Mozambique government has decided to exempt international oil and gas companies from a requirement to list on the Mozambican stock exchange as required under the country’s petroleum law. The confusion over [...]

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Extractives The Council of Ministers in session
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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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Oil & Gas Blocks in Central Mozambique in INP's 5th round. Image: INP
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Russian oil company Rosneft and US supermajor ExxonMobil are working with Mozambique's government to register the paperwork for a joint venture to explore for oil and gas in the country, Russian Foreign Minister Sergei Lavrov told a news conference in Maputo on Wednesday. "The projects for [...]

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Extractives Exxon exploring offshore Guyana. Photo: Facebook
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Mozambique’s petroleum regulator INP will meet on Friday with ExxonMobil to see how its plans to explore for oil and gas offshore Mozambique with Russian oil company Rosneft will be impacted by US sanctions. Exxon [...]

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Agriculture Russian ambassador to Mozambique, Alexander Surikov. Photo © Tom Bowker / Zitamar News
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In November 2017 Russia donated $40 million to a school feeding programme in Mozambique via an innovative debt swap structure. Under the agreement, the debt repayments that Mozambique owes to Russia will go to a World Food Programme (WFP) project that aims [...]

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