Petrobrás, Petronas and Eni among oil candidates for Rovuma, Mozambique

2 February 2006

Maputo, Mozambique, 02 Feb – Brazil’s Petrobrás, Malaysia’s Petronas and Italy’s Eni are among seven candidates vying for oil exploration in the Rovuma basin in Mozambique, the local press has reported.

The list also includes South Africa’s Rockover, Norway’s Norsk Hydro, US company Anadorko and Canada’s Artumas, according to the Notícias newspaper, published in Maputo.

Proposals for the five exploration areas were opened in Mapuito on Tuesday, the deadline for handing in proposals.

The tender for oil prospecting in the Rovuma basin was launched in June last year, in London, by Mozambique’s National Petroleum Institute (INP).

According to Arsénio Mabote, president of the INP board, assessment of the proposals will take until the end of March due to the complexity of the process and contracts are due to be signed in June. (macauhub)