Gulf Oil and Gas accountACCOUNT

Paolo Scaroni Meets Armando Guebuza in Mozambique

Source: www.gulfoilandgas.com 8/13/2013, Location: Africa

The President of the Republic of Mozambique, Armando Guebuza, and Eni’s CEO, Paolo Scaroni, met today in Changara, mineral district of Tete Province in western Mozambique, to discuss Eni’s ongoing activities and projects in the country.

During the meeting, Paolo Scaroni, along with Claudio Descalzi, COO of Eni E&P, updated the President of the Republic on the progress of ongoing strategic projects . The tax agreement with the Mozambican authorities relating to the sale of 28.57% of Eni East Africa’s shares to China National Petroleum Corporation (CNPC) was also announced. The agreement enables the payment, as at August 23rd , of 400 million U.S. dollars and the construction of a 75 MW power plant in Cabo Delgado province.

During the visit, Eni’s sustainability initiatives in Mozambique were also discussed. Eni’s support of Mozambique’s infrastructure development, including the reconstruction of the coastal road between Palma and Pemba, along with training, childcare, health and maternity initiatives were also discussed .

Eni is the operator of Area 4 with a 50% participating interest. The other partners of the joint venture are CNPC (20%), GalpEnergia (10%), KOGAS (10%) and ENH (10%).

For more information about related Opportunities and Key Players visit East Africa Projects

Exploration News in Mozambique >>

Colombia >>  12/5/2019 - Companies including Canada’s Parex Resources and Ecopetrol SA won contracts to operate oil blocks in Colombia’s auction round, as the Andean nation se...
Thailand >>  12/5/2019 - Tap Oil Limited provides the following update on the Yothaka East-1 exploration well drilled in the G1/48 concession Manora Production License, operat...

Netherlands/Holland >>  12/2/2019 - Hague and London Oil, the oil and gas company with a diverse portfolio of production, development, appraisal, exploration and infrastructure assets pr...
Russia >>  12/2/2019 - Gazprom Neft and Repsol are developing a joint venture to conduct geological exploration at six license blocks in the Karabashsky zone of the Khanty-M...

Bahamas >>  11/28/2019 - Bahamas Petroleum Company, the oil and gas exploration company with significant prospective resources in licences in The Commonwealth of The Bahamas, ...
Australia >>  11/26/2019 - Key Cooper Basin Pty Ltd (“Key” or “Company”), a wholly owned subsidiary of Key Petroleum Limited (“KPL”), is pleased to advise that it has received f...

Related Categories: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  Food Supplies  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Skilled Labors  Transportation, 4X4 Trucks  Unskilled Labors  Utility Systems  Waste Disposal  Water Supply Services  Welding Products/Services 

Related Articles: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Skilled Labors  Transportation, 4X4 Trucks  Utility Systems  Water Supply Services  Welding Products/Services 


Mozambique Oil & Gas 1 >>  2 | 3 |

Oil & Gas Projects in Mozambique >>

More News

Related Links

Gulf Oil and Gas
Copyright © 2019 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.