Mozambique


All posts for Mozambique

Building on 2018

“As the oil price is steadily rising towards pre-collapse levels, the outlook is positive,” PwC said in its annual Africa Oil & Gas Review released in November 2018. By June 2018, more than $110 billion in global oil and gas projects had been approved since 2017 — a more than 100 percent increase ...

Aydanur Akkurt - Africa Oil & Power


Posted 10 months agoLink > Oil and Gas Productionoil priceOffshore Drilling +10

Projects reaching FID in 2019

Cairn Energy and Woodside Energy's much anticipated SNE project is expected to reach FID in early 2019, with the companies submitting the Development and Exploitation Plan to the Ministry for approval in October 2018. Nigeria-based Seplat initially predicted reaching FID by the end of 2018 on the ...

Aydanur Akkurt - Africa Oil & Power


Posted 10 months agoLink > OPECSenegalMauritania +3

Wentworth Resources Limited : Corporate, Operational and Resource Update

Transition and Redomicile of the Company As announced on 2 October 2018, following the Company's Special Meeting, and in line with the head office relocation of the Company from Calgary to London previously announced, the re-domicile of the Company to Jersey is progressing on schedule. Follow ...

OilVoice Press - OilVoice


Posted 1 year agoPress > Wentworth ResourcesOperational UpdateResource Update +4

Megaprojects in Russia, UAE and Mozambique Primary Value Drivers For Possible ONGC Videsh IPO, Says GlobalData

Following the news (Tuesday 21 August) of a possible IPO for ONGC Videsh, the overseas investment subsidiary of the Indian national oil company, Jonathan Markham, Oil & Gas Analyst at GlobalData , a leading data and analytics company, offers his view on the projects ONGC Videsh are involved in a ...

OilVoice Press - OilVoice


Posted 1 year agoOpinion > Russiauaeunited arab emirates +7

The Bankability of LNG

Standard Bank's Paul Eardley-Taylor discusses landmark LNG financing deals in the first of a two-part series.  What do you see as the tredns in financing for Africa's oil and gas sector in 2018? Generically, it depends on what aspects of the sector you are in. In upstream, reserved-based len ...

Aydanur Akkurt - Africa Oil & Power


Posted 1 year agoOpinion > Standard bankForal FLNGRovuma LNG +2

Wentworth Resources Limited : Half Year Financial Statements and MD&A

Wentworth Resources Limited, the Oslo Stock Exchange (OSE: WRL) and London Stock Exchange (AIM: WRL) listed independent, East Africa-focused oil & gas company, today announces its results for the quarter and six months ended 30 June 2018. The following should be read in conjunction with the Q2 ...

OilVoice Press - OilVoice


Posted 1 year agoPress > Wentworth ResourcesContracts & ClaimsMozambique +6

ExxonMobil: Rovuma LNG Phase 1 Development Plan Submitted to Government of Mozambique

Two liquefied natural gas trains will each produce 7.6 million tons per year LNG production expected to commence in 2024 Marketing and financing negotiations underway in parallel with government approval process MAPUTO, Mozambique--( BUSINESS WIRE )--Mozambique Rovuma Venture has submitte ...

OilVoice Press - OilVoice


Posted 1 year agoPress > LNGLiquified Natural GasRovuma +5

ExxonMobil: Mozambique Area 4 Progressing Rovuma LNG Marketing

Rovuma LNG onshore liquefaction trains supplied by the offshore gas fields of Area 4 Area 4 negotiating Rovuma LNG sales and purchase agreements Final investment decision expected in 2019 ExxonMobil and Eni said today that marketing efforts are underway for the Rovuma LNG project, which will ...

OilVoice Press - OilVoice


Posted 1 year agoPress > Exxon MobilExxonMobilExxon Mobil Corporation +7

Wentworth Resources Limited : Mozambique Update - License Extension Granted

Wentworth, the Oslo Stock Exchange (OSE: WRL) and AIM (AIM: WRL) listed independent, East Africa-focused oil & gas company, is pleased to announce an update to the Company's Onshore Rovuma asset in Mozambique ("Appraisal License"). Further to the update at the time of the 2017 Annual Financial ...

OilVoice Press - OilVoice


Posted 1 year agoPress > Wentworth ResourcesOSEAIM +6

Almost $194bn will be Spent on Upcoming Oil and Gas Fields in Africa to 2025

Close to $194bn will be spent between 2018 and 2025 on 93 upcoming oil and gas fields in Africa. Capital expenditure (capex) into conventional, unconventional, and heavy oil projects would form $88.9bn; $3bn and $1.9bn of the region's capital spend respectively over the eight-year period, according ...

OilVoice Press - OilVoice


Posted 1 year agoPress > AfricaOilgas +6

Wentworth Resources Limited : 2017 Annual Financial Statements and MD&A

Wentworth Resources Limited, the Oslo Stock Exchange (OSE: WRL) and London Stock Exchange (AIM: WRL) listed independent, East Africa-focused oil & gas company, today announces its results for the calendar year 2017. Operations Tanzania (Mnazi Bay) Increased average gross daily ga ...

OilVoice Press - OilVoice


Posted 1 year agoPress > Wentworth ResourcesAnnual ResultsOperational Update +6

Over $9.1bn Will be Spent on Mozambique’s Upstream Capex by 2020, Says GlobalData

An average capex of $3.0bn per year would be spent on eight oil and gas fields in Mozambique between 2018 and 2020. Capital expenditure into Mozambique's oil and gas projects, will add up to $9.1bn over the three-year period in upstream capital expenditure by 2020, according to GlobalData , a lead ...

OilVoice Press - OilVoice


Posted 1 year agoOpinion > upstreamMozambiqueGlobalData +5

Mozambique, Equatorial Guinea to Cooperate on Mining and Natural Gas

New bilateral agreement signed in Maputo on Friday between the petroleum and mining ministries of Equatorial Guinea and Mozambique. Mozambique's natural gas reserves “will revolutionize the economy”; Equatorial Guinea extends offer of technical and policy advisory. Equatorial Guinea to benef ...

OilVoice Press - OilVoice


Posted 1 year agoPress > Miningnatural gasMozambique +4

ExxonMobil Adds 2.7 Billion Barrels to Reserves; Replaces 183% of 2017 Production

Exploration success and strategic acquisitions add high-quality resources U.S. Permian Basin, Guyana, Mozambique and Upper Zakum key factors in growth Nearly 10 billion oil-equivalent barrels added to resource base, largest since XTO acquisition IRVING, Texas--( BUSINESS WIRE )-- Exxon Mobil C ...

OilVoice Press - OilVoice


Posted 1 year agoPress > ExxonMobilExxon MobilExxon Mobil Corporation +6

Political Certainty and Policy Discipline, a Way Forward for South Africa

South Africa is now gaining more political certainty, which will be good for investors, however, the key things I see happening this year are the revitalization of the Mineral and Petroleum Resources Development Act (MPRDA) and the challenges around commerciality as well as substantive and procedu ...

Aydanur Akkurt - Africa Oil & Power


Posted 1 year agoLink > cape townSouth AfricaAfrica +9