Mozambique extends deadline of 5th oil exploration tender

23 April 2015

The deadline for submitting proposals to the 5th tender for concession areas for research and production of hydrocarbons in Mozambique has once again been extended, this time until 30 July, the National Petroleum Institute (INP) said in a statement.

This is the second time the deadline for proposals has been extended for the international tender launched on 23 October 2014 after the first date, 20 January 2015, was extended to 30 April due to pressure from interested parties who needed more time to prepare their proposals.

The INP now says that the extension is intended to allow time for completion of the review of the Petroleum Operations Regulations and Contract Model, as well as to consider the request from companies that want to have the entire legal package approved before submission of tenders.

The tender, launched simultaneously in Maputo and London, is to grant 15 areas, on and offshore, for oil surveying and production in Mozambique.

The offshore areas included in the tender include the Rovuma basin, with three areas, Angoche, with two and the Zambezi delta with six and onshore include Pande/Temane, with three areas and Palmeiras with one, totalling 76,802 square kilometres. (macauhub/MZ)