Global Li-Ion enters exclusive MOU to purchase 100% in the Montepuez graphite project, in Mozambique
Offshore energy Today (File)
The increasing the number of companies interested in making geophysical surveys of the Zambezi delta and other areas with hydrocarbon potential has led the National Petroleum Institute (INP) to launch another international tender competition for the purpose.
The geological data acquisition work will cover some areas covered by the fifth oil and gas exploration tender, which closed last year, including the Rovuma basin and areas south, the Zambezi delta, onshore areas and all the maritime extensions of the Mozambique and Rovuma basins.
The launch of this second competition coincides with the final phase of the three-dimensional seismic data surveying of the Angoche A5a and Angoche A5B areas concessioned to ExxonMobil and ENI.
An INP source has said that interested companies should submit their applications by the 11th of July 2016. Services companies that can demonstrate financial strength, technical, health and safety and environmental policies and the means to carry out the acquisition, processing and marketing of data in Mozambique are eligible.
Winners of the fifth hydrocarbon exploration licensing round are likely to invest about US$700 million over four years.
The fifth round was launched by oil sector regulator, the National Petroleum Institute of Mozambique, in October 2014, and made available to interested parties a total of 11 offshore areas in the Rovuma basin, Angoche, Mozambique (Zambezi delta) and four onshore basins of Mozambique (areas of Pande/Temane and Palmeiras), covering a total of 74,259 square kilometres.
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