Rovuma Basin

  • Shell Signs Natural Gas Deal with Mozambique

    Shell Signs Natural Gas Deal with Mozambique

    Thursday, 22nd June 2017
    The Mozambican government and Shell signed MoU on the allocation of natural gas from the Rovuma Basin for domestic use.
  • Mozambique to Finalize Oil, Gas Exploration Contracts

    Mozambique to Finalize Oil, Gas Exploration Contracts

    Wednesday, 18th January 2017
    Negotiation of contracts for oil and natural gas exploration areas in Mozambique resulting from the fifth international tender launched in 2014, could be finalized by the end of next June.
  • Galp Energia Approved Coral South Investment

    Galp Energia Approved Coral South Investment

    Wednesday, 21st December 2016
    Portuguese Galp Energia's board of directors has approved the investment for Mozambique's Coral South area.
  • Mozambique Approved LNG Deals with Anadarko, Eni

    Mozambique Approved LNG Deals with Anadarko, Eni

    Thursday, 8th December 2016
    Mozambique's cabinet has approved changes to liquefied natural gas (LNG) contracts with U.S. oil major Anadarko and Italy's Eni to allow the two companies to sell the government's share of gas from projects in the Rovuma Basin.
  • Companies Bid for Mozambique’s Gas

    Companies Bid for Mozambique’s Gas

    Wednesday, 30th November 2016
    Fourteen national and International companies have submitted bids for the development of industrial projects that make use of liquefied natural gas (LNG) in Mozambique.
  • Mozambique Approves Offshore Coral South Gas Project

    Mozambique Approves Offshore Coral South Gas Project

    Thursday, 24th November 2016
    The Mozambican government’s oil and gas company ENH will have to pay $800m for its share of 10% in the natural gas exploration project in Area 4 of the Rovuma Basin.
  • Eni Approved Investments for Coral Project

    Eni Approved Investments for Coral Project

    Sunday, 20th November 2016
    Italian Eni approved the investment for the first phase of the Coral South project, offshore Mozambique.
  • Mozambique to Launch Oil, Gas Bid

    Mozambique to Launch Oil, Gas Bid

    Thursday, 3rd November 2016
    Mozambique will hold its sixth round of oil and gas licensing round late in 2017 or in 2018. Additionally, the government awarded six licenses to search for oil and gas, with the potential to drum up about $700m in investments until 2020.
  • Eni, Exxon to Jointly Develop Mozambique Offshore Gas Project

    Eni, Exxon to Jointly Develop Mozambique Offshore Gas Project

    Sunday, 7th August 2016
    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.
  • Mozambique: Eni to Conclude Major Offshore Gas Deal

    Mozambique: Eni to Conclude Major Offshore Gas Deal

    Wednesday, 27th July 2016
    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.