The Mozambique government has given the green light for concession contracts for oil and gas exploration in vital blocks A6-E, A6-G, A6-D, S6-A, and S6-B. CNOOC Ltd. and Mozambique’s ENH have clinched offshore deals.
As per Mozambique’s national regulatory body, the Instituto Nacional de Petróleo (INP), exploration activities will encompass acquiring over 26,000 km2 of 3D seismic data, drilling a minimum of four deepwater research wells, and conducting geoscientific studies in the Save and Angoche offshore regions.
In November 2021, Mozambique’s Ministry of Mineral Resources and Energy initiated the Sixth Public Tender for 16 offshore exploration and production blocks.
The objective of the tender was to foster a more enticing environment for oil and gas investments, aiming to stimulate economic and social development within the country.
