BG Group today announced it had completed another successful drill stem test in Block 1 offshore Tanzania, with initial results from the Mzia-2 well showing better than expected properties in the deeper Cretaceous reservoir. The test on Mzia-2, the first done on a Cretaceous discovery in deep water off Tanzania, flowed at a maximum rate [...]
WesternGeco yesterday announced that it has begun acquisition of a major multiclient seismic survey offshore Mozambique using the ObliQ sliding-notch broadband acquisition and imaging technique. The technique optimizes the recorded bandwidth of the seismic signal enabling more detailed imaging of the subsurface and more reliable extraction of rock properties. “This seismic survey is optimally located [...]
Italy’s Eni today announced it has successfully finalized the appraisal campaign of the discoveries in Area 4 in Mozambique with the drilling and testing of Mamba South 3, which is the ninth well drilled in the exploration permit. The well results have exceeded expectations and Eni has updated the estimate of the Mamba Complex and [...]
Anadarko Petroleum Corporation today announced the discovery of a new natural gas accumulation fully contained within the Offshore Area 1 of the Rovuma Basin of Mozambique. The Orca-1 discovery well encountered approximately 190 net feet (58 meters) of natural gas pay in a Paleocene fan system. “Discovering another large, distinct and separate natural gas accumulation [...]
The Prime Minister of the Republic of Mozambique, Alberto Vaquina, and Eni’s CEO, Paolo Scaroni, met today in Rome to discuss Eni’s activities in the country. During the meeting, Eni’s CEO updated the Prime Minister on the progress of ongoing projects, which are considered strategic for both Eni and Mozambique. In Mozambique, Eni is the [...]
Statoil has farmed down a 25 % working interest in its operated exploration licence offshore Mozambique to Japanese based INPEX Mozambique, Ltd., a wholly owned subsidiary of INPEX CORPORATION. The licence, which consists of two blocks, under one licence agreement, is located in areas 2 and 5 offshore Mozambique in the Rovuma basin. “The farm-down [...]
India’s state-run oil and gas companies ONGC and Oil India have launched a joint bid for a 20 pct share in Mozambique’s offshore Rovuma Area 1, previously offered for sale by Anadarko and Videocon, Reuters has reported, citing a source close to the matter. The Economic Times on March 5, reported that Anadarko and Videocon [...]
Eni CEO, Paolo Scaroni, and the CEO of Petrochina Company Limited, controlled by China National Petroleum Corporation (CNPC), Zhou Jiping, signed an agreement in Beijing for Eni’s sale to CNPC of 28,57% of Eni East Africa’s shares, owner of the 70% interest in Area 4, in Mozambique. With this operation, CNPC indirectly acquires a 20% [...]
Anadarko Petroleum Corp., a US-based independent oil and gas exploration and production company, is in talks with Japanese companies to supply LNG produced from its offshore Mozambique gas fields, Bloomberg Businessweek has reported. The news agency quoted Steve Hoyle, vice president of LNG marketing Anadarko, as saying: “We are advancing efforts with selective companies in Japan and [...]
China National Petroleum Corporation is reportedly interested in acquiring a stake in Eni’s gas reservoirs located in Area 4, offshore Mozambique. Reuters has quoted an unnamed source from the Italian government claiming that the China’s state-run oil company is in talks with the Italian energy giant over the potential acquisition of interest in Eni’s gas project [...]
