Senegal, Mozambique planning licensing rounds

Senegal’s Oil and Energy Ministry will offer three blocks under the country’s first licensing round.

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CAPE TOWN, South AfricaSenegal’s Oil and Energy Ministry will offer three blocks under the country’s first licensing round.

Oil and Energy Minister Mahamadou Makhtar Cisse, speaking at Africa-Oil Week, said the round would be promoted at conferences in London, Houston, and Dakar, with interested parties given from end-January to end-July 2020 to assess the blocks’ potential.

Also at the conference, Angola’s new national oil, gas and biofuels agency, ANGP, announced the formation of a consortium with five IOCs, including Eni and Chevron, to develop LNG for the onshore Soyo plant at an initial cost of $2 billion, with first LNG production expected by 2022.

Ghana is revising its laws on oil and gas licenses in an attempt to drive new production, and the government plans to revoke licenses held by four companies that have not developed their assets.

Deputy Minister for Petroleum Mohammed Amin Adam said the proposed changes would allow companies producing in blocks to explore elsewhere in the same area without having to obtain a new license.

Equatorial Guinea’s Oil Minister, Obiang Lima, said his country would award seven to eight blocks on offer under the country’s current licensing round at the end of November, with a data room to be opened for companies interested in the offshore Zafiro oilfield license.

Carlos Zacarias, chairman of Mozambique’s upstream regulator, INP, Carlos Zacarias, said his country’s sixth licensing round will be launched early next year.

11/08/2019

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