Exploration

Africa Mining: Botswana Diamonds seeks £370 000 for exploration activities

Posted on January 25, 2019January 25, 2019 by Mozambique Resources Post

Botswana Diamonds has undertaken a share placing with existing and new investors to raise £370 000 through the issue of just over 67.2-million new ordinary shares at a placing price of 0.55p a placing share.

Global Industry: ExxonMobil named 2018 Large Cap Company of the Year, Explorer of the Year

Posted on December 21, 2018December 21, 2018 by Mozambique Resources Post

ExxonMobil said today that it has been named 2018 Large Cap Company of the Year and Explorer of the Year by the World Oil and Gas Council in recognition of excellence and innovation in the global energy industry.

Africa Oil & Gas: Total To Boost Exploration In Mauritania

Posted on December 13, 2018December 13, 2018 by Mozambique Resources Post

France’s supermajor Total said on Wednesday that it had signed an agreement with Mauritania for two new exploration and production contracts in the country’s deep offshore, amid growing interest from oil majors to explore the West African Atlantic basin.

Mozambique Oil & Gas: Qatar Petroleum to acquire 10% interest in 3 offshore blocks from ExxonMobil

Posted on December 10, 2018December 10, 2018 by Mozambique Resources Post

Qatar Petroleum entered into an agreement with an ExxonMobil affiliate to acquire a 10% stake in three offshore exploration blocks in the Angoche and Zambezi basins in Mozambique.

Global Oil & Gas: Oil Exploration Activity Will Pick Up in 2019

Posted on November 29, 2018November 29, 2018 by Mozambique Resources Post

There will be a pick up in oil exploration activity next year, compared to 2018, according to a new report from Fitch Solutions Macro Research.

Mozambique Oil & Gas: Natural gas exploration activities presses on resolutely

Posted on November 27, 2018 by Mozambique Resources Post

The natural gas extraction and liquefaction industry in Mozambique appears to have been launched, after many years of delays and deliberations, according to the China-Lusophone Brief (CLBrief), a news service on China and the Portuguese-speaking countries.

Africa Oil & Gas: “Namibia’s exploration drive goes on despite setbacks” – Petroleum Economist

Posted on November 23, 2018 by Mozambique Resources Post

Namibia has no proven oil reserves, having been largely shunned by regional explorers over the years in favour of better-established hydrocarbons plays, such as its neighbour Angola. But the impact of a higher oil price and lower drilling costs means Namibia’s upstream is finally getting some serious attention from drillers.

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