Hydrocarbons

Global Industry: “Oil recovery lulls producer nations into economic stupor” – IEA

Posted on December 28, 2018December 28, 2018 by Mozambique Resources Post

Hydrocarbons-dependent nations need to diversify their economies fast to make up for future revenue shortfalls.

Mozambique Oil & Gas: Rovuma oil firms deny any security deal with Erik Prince group

Posted on June 18, 2018June 18, 2018 by Mozambique Resources Post

Companies operating in the Rovuma Basin off the coast of the northern Mozambican province of Cabo Delgado have categorically denied that they have any security arrangement with the American businessman, Erik Prince.

Africa Oil & Gas: Kosmos Energy enters Equatorial Guinea with three new oil and gas contracts

Posted on October 24, 2017 by Mozambique Resources Post

The Ministry of Mines and Hydrocarbons of Equatorial Guinea, Kosmos Energy of the US and national oil company GEPetrol have signed three new production sharing contracts (PSC) for Block EG-21, Block Sand Block W offshore Rio Muni. The deal marks Kosmos’ first PSCs in Equatorial Guinea. Block EG-21 was offered for tender during the EG Ronda 2016 oil and gas licensing round. Block S and Block W, previously operated by CNOOC and PanAtlantic Energy respectively, were negotiated directly with Kosmos and were not offered under the open bidding round. Block EG-21…