Qatar Petroleum enters Eni’s Block A5A in the Angoche basin, offshore Mozambique with 25.5% participating interest. In the result of the deal, Eni S.p.A. will hold 34%, Empresa Nacional de Hidrocarbonetos 15%, and Sasol 25.5%.

The block covers 5,133 square kilometres in the Angoche basin on the depth of 300-1,800 metres. It is not the first Qatar Petroleum’s projects in Mozambique: in December 2018 QP purchased 10% share in nearby Block A5B.

“Having a large and diversified exploration portfolio is a key long-term objective for Qatar Petroleum and essential for success,” notes Saad Sherida Al-Kaabi, Minister of State for Energy Affairs and QP president and chief executive officer.

Meet the representatives of Eni S.p.A. and discuss the most interesting projects in Mediterranean and Africa at the Exploration and Production Offshore Congress Hub 2019 in Thessaloniki on 16-17 September.

Source: OGJ.com

Additional options for you:

  • find out more about Exploration and Production Offshore Congress Hub 2019 at oilepoch.com
  • request marketing materials here
  • share the article in your social network using the buttons below
Share:
MORE POSTS LIKE THIS >
YOU MIGHT ALSO LIKE...

ADES International has signed a new lease for its offshore jack-up rig Admarine IV in Egypt.

Click here to read the full article
Ophir’s exploration license expired in December 2018, and the Ministry of Mines and Hydrocarbons of Equatorial Guinea confirmed that the company...

Click here to read the full article
BP and ExxonMobil signed an agreement with Sonangol in order to develop the Platina field in deepwater Block 18, offshore Angola. Besides, the companies...

Click here to read the full article
Eni, an Italian oil company, has made a new oil discovery in Angola. The production capacity might be 5,000 barrels per day in perspective. Eni plans to continue...

Click here to read the full article
Eni SPA starts production of a new well VAN-102 in Vandumbu field offshore Angola. The field is located in the West Hub of Block 15/06, about 350 km northwest of Luanda and 130 km...

Click here to read the full article
ExxonMobil will continue its investments to increase production and extend operations until 2032 in Block 15 offshore Angola.

Click here to read the full article