Following the public tender launched in October 2014, ExxonMobil Moçambique Exploration and Production, Limitada, RN Zambeze South PTE. LTD and Empresa Nacional de Hidrocarbonetos, E.P were awarded the offshore area of Zambeze Delta (Z5-C), and signed the Exploration and Production Concession Contract in October 2018.(Link to the signed EPCC AREA Z5-C)
Here is a brief description of the contract.
|Contract area||Area Z5-C (EPCC)||Background, activities carried out, status, and further plans|
The EPCC was signed in october 2018 and awarded to ExxonMobil, Rosneft and ENH, as part of the 5th Bidding Round. The area is offshore Zambeze Delta, in water depths of 500 to 1900 meters. The contract was split into 3 exploration sub-periods, of 4 + 2 + 2 years.
Below are the minimum commitments:
First exploration sub-period – 48 months
Second exploration sub-period – 24 months
Third exploration sub-period – 24 months
|Operator & partners||
Original: 5821 km2
Present: 5821 km2