Mozambique: Five awards in bid round
- 06 Nov 2015
| 1 minute read
The National Petroleum Institute (INP) has awarded five blocks from the fifth licensing round, with ExxonMobil taking a commanding position in partnership with Russia’s Rosneft. INP resource assessment director José Branquinho told Africa Upstream the round had attracted total spending commitments of $691m and pledges of eight deep-water wells and two onshore wells. He said the INP was now planning a sixth round for 2017, and was working with service companies to acquire data. Agreement had been reached with Schlumberger for a multi-client 3D survey in the Angoche area, and other multi-client proposals were under evaluation.
Want to read more?
(Access to one African Energy article)
Don't have an account?
Register for access to our free content
An account also allows you to view selected free articles, set up news alerts,
search our African Energy Live Data power projects database and view project locations on our interactive map