Alberto Mendes, co-president of Grupo Simples, talks to The Energy Year about the future of Angola’s oil and gas industry and why Grupo Simples is transitioning to…READ MORE
Mozambique's Energy Industry
Gas reserves5.1 tcm
Gas production6 bcm
Mozambique: Emerging Gas Market
Recent offshore discoveries have rapidly changed the fortune of Mozambique. Once a hydrocarbons backwater, the country now has the potential to become one of the world’s largest LNG exporters. In order to achieve this goal, reforms need to be made, both to hydrocarbons legislation, as well as to transport and infrastructure. To improve geological understanding of the country’s resources, the National Petroleum Institute commissioned a 2D-seismic survey of up to 19,000 kilometres offshore. Spectrum began collecting data, which will be used in future licensing rounds, in December 2017.
The industry continues to draw massive interest from IOCs, each ready to tackle the bottlenecks standing in the way of vast hydrocarbons wealth. Sasol expects to produce first oil in the country in 2020. Recent E&P activities in Areas 1 and 4 in the Rovuma Basin are particularly important.
The Coral discovery, located 240 kilometres northeast of Pemba in the Rovuma Basin Area 4, is operated by Eni East Africa, which plans to construct a floating LNG vessel on the site by 2021. In late 2017, Eni secured about USD 4.68 billion of loans for the project. The FID for Mozambique LNG, set to process natural gas from the Rovuma Basin Area 1 in Cabo Delgado, was reached in June 2019.
Steve Thomas, managing director of Africa Geophysical Services (AGS), talks to The Energy Year about variables affecting demand…READ MORE
Alberto Galhardo Simões, partner and head of the Lusophone Africa practice at CMS Portugal, talks to The Energy Year about the…READ MORE
Saipem has agreed to restart Mozambique’s first onshore LNG plant for TotalEnergies, the Italian oilfield services company’s…READ MORE
Eni has launched production from its Mozambique LNG project, bringing the East African country into the league of global LNG…READ MORE
Mozambique concession areas and operators 2019
Alberto Figueiredo, CEO of Operatec, talks to The Energy Year about how the company built a strategy for sustainability after…READ MORE
Sebastien Quedrue, Angola managing director for Advanced Maritime Transports (AMT), talks to The Energy Year about trends…READ MORE
Preparations for the next oil boomTOGY talks to
Joseph Amuzu, CEO of Zodiac Marine Services, talks to The Energy Year about the company’s activities and plans for capacity expansion, as well as dynamics in the…READ MORE
Alan Glyn-Cuthbert, general manager of Petrowork Solution, talks to The Energy Year about how the Local Content Law can support growth in the domestic oil and gas…READ MORE
Ali El Ali, managing director of Zakher Marine International (ZMI), talks to The Energy Year about the prospects for Abu Dhabi’s new upstream expansion projects and…READ MORE
Ricardo Do Amaral, general manager of Octomar, talks to The Energy Year about the importance of developing a local workforce and the latest on the company’s strategy…READ MORE
Harry Ebohon, managing director and CEO of Propetrol, talks to The Energy Year about rising demand in the region for bunkering and the company’s efforts to expand.…READ MORE
Seyi Ajibola, CEO of Zircon Marine, talks to The Energy Year about recent advances and setbacks in the marine sector and coming opportunities in natural gas transfer…READ MORE
Jos Evens, general manager and chair of ExxonMobil Moçambique, talks to The Energy Year about the country’s role in the global LNG scene and why hydrocarbons will…READ MORE
NJ Ayuk, president of the Africa Energy Chamber (AEC) and CEO of Centurion Law Group, talks to The Energy Year about how the Covid-19 pandemic has impacted African…READ MORE
Conrad Enill, chairman of the NGC Group of Companies, talks to The Energy Year about NGC’s role as an aggregator, opportunities arising for the company in Africa and…READ MORE
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