Italy's oil and gas giant Eni has reached an agreement with US ExxonMobil to sell its multi-billion dollar stake in the planned offshore liquefied natural gas (LNG) development project in Mozambique.
Long-delayed offshore gas project with Italy’s Eni could be approved within months, sparking investments with the potential to transform Mozambique, one of the world’s poorest countries, into a major energy player.
Amec has been awarded the design and engineering contract by Sasol Petroleum Mozambique Limitada for the production sharing agreement (PSA) development for surface facilities.
South African energy group Sasol has started drilling the first of what will be 12 new gas and oil wells in Mozambique –with first production expected in mid-2019–, where the government recently approved a production ...
South African firm Sasol drilled its first well in its new oil and gas field in Mozambique. The plan envisages the development of further hydrocarbon resources that will help to drive the growth of both Mozambique an ...
The Managing Director of Eni East Africa said the final investment decision on natural gas exploration in the Rovuma basin, in Mozambique, may still be taken this year.
South African energy producer Sasol almost doubled sales of natural gas from its Mozambican Pande and Temane fields in the nine months to March to 12.4bscf from 7.1bscf in the same period last year.