Browsing: Rovuma Basin

Daily Briefing
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Zitamar Daily Briefing, 14 November

Welcome to Zitamar’s daily Mozambique briefing for 14 November 2019


Daily Briefing
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Zitamar Daily Briefing, 12 November

Welcome to Zitamar’s daily Mozambique briefing for 11 November, 2019


Oil & Gas
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Total closes $3.9 billion acquisition of Mozambique LNG

French oil major Total has closed the $3.9 billion acquisition of Anadarko’s 26.5% interest in the Mozambique LNG project in Cabo Delgado and is now officially the operator of the 13 million tonne per annum project. The transaction will bring in around $880 [...]

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Hidden Debts dossier
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Privinvest continues offshore logistics operation in Mozambique despite litigation

Privinvest, the contractor which supplied Mozambique’s controversial ‘hidden debts’ security companies, continues to do business in the country through a logistics subsidiary which provides services to offshore oil and gas operations, despite ongoing legal action [...]

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Extractives
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Anadarko Announces 1 mtpa LNG sales agreement with Indian partner

Anadarko and its partners the Mozambique LNG project have signed a binding LNG sales agreement with Bharat Gas Resources, a subsidiary of India’s Bharat Petroleum Corporation (BPCL) – a 10% shareholder in Area 1 – for 1 million tonnes per annum (mtpa) for 15 years, the company announced on [...]

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Extractives
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Mozambique LNG land award should be ruled illegal, says law association

The land use certificate granted for the onshore LNG projects in the Rovuma Basin should be ruled illegal by Mozambique’s Administrative Court (Tribunal Administrativo), Mozambique’s Bar Association (Ordem dos Advogados de Moçambique, OAM) said on Thursday. The land use certificate, known as [...]

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