Mozambique: ENI announces start of natural gas extraction by 2024

Mozambique: ENI announces start of natural gas extraction by 2024

Extraction and processing of natural gas in the Mamba field in the Rovuma Basin Area 4 block in northern Mozambique is expected to begin by 2024, the chief executive of Italian group ENI said on Friday in Milan. Advertisements

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Mozambique Oil & Gas: After armed attacks, Palma communities call for suspension of LNG projects

Mozambique Oil & Gas: After armed attacks, Palma communities call for suspension of LNG projects

Gunshots rang out in the town of Palma, in the northern Mozambican province of Cabo Delgado on Monday morning, as the defence and security forces tried to disperse a demonstration calling for the suspension of the natural gas projects in the district.

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Mozambique Oil & Gas: “Gas exploration to fuel 7.5% economy growth by 2023” – EIU

Mozambique Oil & Gas: “Gas exploration to fuel 7.5% economy growth by 2023” – EIU

ozambique will have to wait until 2023 to achieve economic growth of 7.5%, a rate it was used to in the not too distant past, according to forecasts by the Economist Intelligence Unit (EIU).

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Mozambique Oil & Gas: Govt detects gaps on Exxon’s Development Plan, delays FID

Mozambique Oil & Gas: Govt detects gaps on Exxon’s Development Plan, delays FID

The impasse between the Mozambican government and oil companies’ Final Investment Decisions (DFI) on hydrocarbon explorations in the Rovuma Basin Area 4 continues. Decision-making was originally scheduled for the first quarter of 2019, but new developments could stretch the deadline to the third quarter.

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Africa Oil & Gas: Saipem awarded LOI for new Zohr field contract in Egypt

Africa Oil & Gas: Saipem awarded LOI for new Zohr field contract in Egypt

Saipem and Petrobel have negotiated an offshore contract addendum worth more than 1.2 billion USD for Engineering, Procurement, Construction and Installation (EPCI) activities in relation to the ‘Ramp Up to Plateau’ phase of the ‘supergiant’ Zohr Field Development Project situated in the Mediterranean Sea off the Egyptian coast.

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