Sunday, October 17, 2021

Companies sign contracts for oil exploration in Mozambique

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The companies that were awarded the 5th public tender for the concession of areas for oil research and production on Monday began to sign...

Rovuma LNG project gets funding

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Portugal based integrated energy player Galp has announced plans to go ahead with an investment decision of the LNG project in the Rovuma basin. According...

Ice Insurance scales up Mozambique coverage as country prepares for major gas and minerals...

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Mozambique-registered insurer International Commercial and Engineering (ICE ) Seguros has increased its capital to US$10 million, as it positions itself to take advantage of...

Coral FLNG project set to return country to growth

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Standard Bank and ICBC have financed the country’s first step as a regional and global offshore natural gas producer and supplier. The landmark energy deal...

CTRG inks US$189million funding deal

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Central Térmica de Ressano Garcia (CTRG), a joint venture between Sasol Energy and Electricidade de Moçambique (EDM) has inked a $189-million finance deal to...

Yara to build $2bn Mozambique gas-fired plant

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Yara International, Norwegian fertiliser maker has announced intentions to build a $2-billion plant in Mozambique. This comes after government awarded Yara a project in January...

India plans to gasification of Tete coal

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India’s overseas coal acquiring assets vehicle has intentions to explore the feasibility of constructing a coal gasification plant at Indian Coal Ventures Limited’s (ICVL)...

Mozambican companies urged to provide services to Gas Industry

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The Mozambican government on Thursday urged private businesses to develop the capacity to provide services to the hydrocarbon companies operating in the country. Speaking in...

Thai petroleum firm ready to export Rovuma gas

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Thailand state-owned petroleum company - PTT Group has intends to buy 2.6 million tonnes of natural gas per year from Rovuma basin. US group Anadarko...

ENI Group hires GE Oil & Gas for natural gas project in Mozambique

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GE Oil & Gas, a subsidiary of US group General Electric, has entered into a multi-year contract with ENI East Africa, a subsidiary of...