Mozambique’s oil industry regulator, the Instituto Nacional de Petroleos (INP) awarded six contracts to companies to provide geophysical and geological data for oil and gas exploration blocks on and offshore Mozambique.
Angola and Mozambique signed a memorandum of understanding (MoU) aimed at developing business networks, with highlight to exploitation of oil, natural gas, logistics and agribusiness.
Anadarko Petroleum Corporation, a Houston-based organization, plans to decide on establishing a $15b liquified natural gas (LNG) project in Mozambique.
French drilling specialist, Societe de Maintenance Petroliere’s (SMP), has deployed its hi-tech drill rig, SMP-105, at Sasol’s development of gas reserves in Temane in the Mozambican coastal town of Vilanculos.
The National Oil Infrastructure Company of Zimbabwe (NOIC) is considering to develop a second fuel terminal in Beira, Mozambique, in an attempt to boost the country's fuel transportation capacity.
Tanzania and Mozambique are currently competing for investments to develop their existing gas fields. However, the Tanzania chances are at risk since Mozambique has thrice the amount of natural gas resources and is d ...
In an Interview with Bloomberg, Eni's CEO, Claudio Descalzi, stated that the company is keeping balance by lowering costs to the level of $20 per barrel.