Mozambique Closes Fifth Licencing Round
Mozambique’s National Petroleum Institute (INP) on Thursday announced the closure of the fifth licensing round.
The round was launched on the 23rd October 2014 and companies have had nine months to evaluate the available technical data and formulate their applications. A total of fifteen areas covering 74,402 sq kms were included in round within the offshore Rovuma, offshore Angoche, offshore Zambezi, onshore Pande-Temane and onshore Palmeira.
INP has received applications from the following companies:
Operator application received
- Operator - Shoreline Canoverseas Petroleum Development Ltd. Partner - Bluegreen Investments LLC Partner - Indico Dourado Lda
- Operator - Sasol Petroleum Mozambique Exploration Ltd.
- Operator - Eni Mozambico S.p.A Partner - Sasol Petroleum Mozambique Exploration Ltd. Partner - Statoil Holding Netherlands B.V.
- Operator - Troisade Energia Mozambique S.A.
- Operator - ExxonMobil Exploration & Production Mozambique Offshore Ltd. Partner - RN-Exploration LLC (Rosneft)
- Operator - Total E&P Mozambique B.V. Partner - Sonangol Hidrocarbonetos Internacional Ltd
- Operator - Delonex Energy Ltd. Partner - Indian Oil Corporation Ltd.
Empresa Nacional de Hidrocarbonetos de Mocambique (ENH) will have a minimum 10 percent interest in all fifth round licenses.
Non - operator applications received
- Namoza Natural Resources Lda
- Petroinveste Mozambique S.A.
Applications received for other areas (not included in the fifth round)
- Eni Mozambico S.p.A
- Delonex Energy Ltd.
INP will now evaluate the submitted applications on defined criteria which include the Health Safety and Environmental (HSE), the financial strength, technical competence and capability and Economic terms offered to the Mozambican state. Results are expected to be announced within the next three months.