Mozambique | Egypt Oil & Gas - Part 7

Dar Al Salam, Maputo Compete for Collecting Gas Investments

Tanzania and Mozambique are currently competing for investments to develop their existing gas fields. However, Tanzania’s chances are at risk since Mozambique has thrice the amount of natural gas resources and i...

Descalzi: Eni Is Keeping Balance by Lowering Costs

In his interview with Bloomberg, CEO of Italy’s energy giant Eni, Claudio Descalzi said that the company is keeping balance by lowering costs to the level of $20 per barrel. As the company is not able to control...

Eni, Exxon to Jointly Develop Mozambique Offshore Gas Project

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, Reuters rep...

Mozambique: Eni to Conclude Major Offshore Gas Deal

A long-expected Mozambique’s offshore gas project with Italy’s Eni is likely to get the green light within months, according to sources close to the matter. The project, which is to be completed by Eni, is one of the ...

Amec Foster Wins Sasol Contract in Mozambique

Amec Foster Wheeler has been awarded the design and engineering contract by Sasol Petroleum Mozambique Limitada for Phase 1 Tranche 1 of the production sharing agreement (PSA) development for surface facilities, repor...

Sasol Investing $1.4b in Mozambique Gas Platform

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 ...

Sasol Commences Drilling of Mozambique PSA Licence

South African petrochemicals firm Sasol drilled its first well in its new oil and gas field in Mozambique, the company said in a statement as Reuters reported. This marked the start of its field development plan for i...

ENI Analyses Gas Exploration in Mozambique

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, MacauHub reported. Fabio Castiglioni,  during a ...

Sasol Nearly Doubles Gas Sales in Mozambique

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, as it began supply...

Exxon Mobil Eyes Eni’s Gas Field in Mozambique

Exxon Mobil, the US company is in talks with Eni to buy around 15% of the Italian major’s Area 4 gas field in Mozambique,  Reuters informed. According to The Wall Street Journal, the acquisition may amount to as...

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