M a r k e t N e w s

Mozambique: Government Launches Tender for Provision of Areas for Exploration and Production of Oil

Posted on : Saturday, 1st November 2014

Maputo — On Oct. 23, the government of Mozambique launched a tender constituting the fifth concession of areas for exploration and production of oil in the marine part of the Rovuma Basin, Angoche, Delta of Zambézia, around the concession of Pande-Temane and Palmeira in the Mozambique Basin. The tender was launched in Maputo and London.
A total of 15 blocks, totalling 76,800 square kilometres in area will be made available.
 
The closure of the fifth tender is scheduled for Jan. 20, 2015.
 
Additional details about the fifth contest, including the specifications, the model contract, the oil laws and petroleum operations regulations will be provided by the National Petroleum Institute.
 

Source : ALL AFRICA
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