Mozambique: 3rd tender for oil exploration launches in Maputo and London

6 December 2007

Maputo, Mozambique, 6 Dec – The 3rd International Tender for the concession of Prospecting and Survey Areas for Oil in the central part of the Mozambique Basin is to be simultaneously launched Thursday in Maputo and London.

According to a statement from the Mozambican Mining Resources Ministry, this international tender covers the southern areas of the provinces of Zambezia and Inhambane.

Thursday’s session will include the presentation of prospecting potential of the areas on offer, of the technical data package available by area, of the procedures and criteria for evaluation of proposal and applicable legislation.

This new tender is part of the continued progress made in survey for hydrocarbons in the sedimentary basins of Mozambique and Rovuma. (macauhub)