Gulf Oil and Gas accountACCOUNT

Rosneft Files Joint Bid with ExxonMobil for Mozambique License Round

Source: www.gulfoilandgas.com 7/30/2015, Location: Africa

RN-Exploration (100% Rosneft subsidiary) and ExxonMobil Exploration and Production Mozambique Offshore Limited filed joint bids to participate in the fifth license round organized by the Republic of Mozambique Institute of National Petroleum (Instituto Nacional de Petr?leo).

The global partnership of the companies is of a strategic nature. Rosneft and ExxonMobil have a proven track record of highly successful cooperation at the Sakhalin-1 project, and are each committed to continuing to operate in an environmentally responsible manner in Mozambique if selected. Rosneft and ExxonMobil decided to file joint bids for the participation in the license round for contract areas in the Angoche Basin (A5-A and A5-B) and Zambezi Delta (Z5-C and Z5-D). If successful ExxonMobil will become the operator. The prospectivity assessment for the exploration on these contract areas was confirmed within the cooperation of both Companiesí geological analysis.

The participation in exploration and development projects in Mozambique is a new focus area of Rosneftís international strategy: the Company promotes its positioning in regions of significant hydrocarbon potential, where production is possible in the mid and long-term. These projects allow Rosneft to obtain access to high-quality assets, while abiding an effective investment policy. The partnerships with global industry leaders, such as ExxonMobil, allows the Company to minimize the risks in the implementation of frontier exploration projects.

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

Exploration News in Mozambique >>

Guyana >>  12/10/2019 - Eco (Atlantic) Oil & Gas Ltd. (ECO) is pleased to announce that the Orinduik Block Joint Venture Partners (the JV Partners) have elected to enter the ...
Ukraine >>  12/9/2019 - PGNiG has signed an agreement with ERU Management Services providing for joint gas exploration and production operations in the western part of Ukrain...

Colombia >>  12/5/2019 - Companies including Canadaís Parex Resources and Ecopetrol SA won contracts to operate oil blocks in Colombiaís 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...

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.