Mozambique: CNOOC Acquires Five Offshore Oil and Gas Blocks
China’s National Offshore Oil Corporation (CNOOC) has obtained two shallow and three deep-water oil and gas blocks in Mozambican waters.
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China’s National Offshore Oil Corporation (CNOOC) has obtained two shallow and three deep-water oil and gas blocks in Mozambican waters.
Eni has discovered convincing indications of the presence of hydrocarbons in Ivory Coast’s sedimentary basin, leading to the start of production sharing contract negotiations.
A networking event hosted in Houston outlined available blocks and investment opportunities ahead of the Angola Oil & Gas conference this October.
Liberty Petroleum has signed production sharing agreements for Blocks 131, 190 and 206, offshore Somalia.
French major, TotalEnergies, is set to acquire an additional 10.5% and 9.39% in Blocks 2913B and 2912, respectively.
Brazil’s state-owned oil and gas company Petrobras has acquired stakes in three exploration blocks in São Tomé and Príncipe.
Risk Service Contracts for offshore Blocks 46, 47 and 18/15 have been signed with Angola’s National Agency for Oil, Gas and Biofuels.
Having received approval, the agreement is scheduled for completion by the end of 2023.
The Ministry of Mines, Petroleum and Energy, Ivory Coast has announced plans to accelerate the development of marginal gas reserves located in Blocks CI-523 and CI-525 to boost electricity generation.
TotalEnergies, Sonatrach, Eni and Occidental have extended their production sharing contracts for blocks 404a and 208 for a period of 25 years.