Mozambique gas

Mozambique 5th licensing round: Govt, oil companies to sign contracts by October

Posted on September 12, 2018September 12, 2018 by Mozambique Resources Post

The Mozambican government and the consortia that won the fifth oil and gas competitive bidding round for exploration and production concessions in Mozambique will sign their contracts by the first week of October, a source linked to the process said yesterday.

Mozambique Oil & Gas: Over US$9.1 billion will be spent on country’s upstream Capex by 2020

Posted on March 27, 2018 by Mozambique Resources Post

An average Capex of US$3.0 billion per year would be spent on eight oil and gas fields in Mozambique between 2018 and 2020. Capital expenditure into Mozambique’s oil and gas projects, will add up to US$9.1 billion over the three-year period in upstream capital expenditure by 2020, according to GlobalData, a leading data and analytics company.

Mozambique Oil & Gas: Eni asking banks for billions to finance its Rovuma gas project

Posted on September 27, 2016 by Mozambique Resources Post

* Banks to respond with loan terms in 3-4 weeks; * Gas reserves are one of biggest finds in a decade; * Multi-billion dollar contracts agreed in recent months; * Projects could transform war-torn Mozambique. Italian oil firm Eni has approached banks for billions of dollars to finance a huge offshore gas development in Mozambique, a significant step in getting a long-delayed project off the ground, the company and sources said.