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19-01-26 | MOZAMBIQUE CONSOLIDATED BETWEEN THE INVESTMENT GIANTS "UPSTREAM" IN AFRICA

The country is part of the restricted list of eight major destinations for hydrocarbon research and production in 2025, driven by Liquefied Natural Gas (LNG) projects.

MAPUTO – Mozambique reaffirmed its position as one of the strategic destinations for investment in the upstream (research and production) of oil and gas in Africa. According to recent data from the consultant Wood Mackenzie, quoted by the portal Businesses Insider Africa, the country counted among the eight main investment centers of the continent in 2025, surpassing the 500 million dollar stake in capital flows.

A Business Insier Africa points out that the hydrocarbon industry in Africa is undergoing a selective phase, where large energy multinationals concentrate their resources on high potential and low risk projects. In this scenario, Mozambique stands out alongside powers such as Nigeria and Angola, the result of the advancement of its Liquefied Natural Gas (LNG) projects.

Unlike previous years, where oil dominated attention, natural gas emerged in 2025 as the main engine of new capital flows. Mozambique, with its vast reserves in the Rovuma Basin, stands as a crucial supplier not only to the markets of Europe and Asia, but also to domestic industrial development and energy generation in the southern African region.

While Nigeria led the list with a long-term asset investment of 5.3 billion dollars, Mozambique is part of the elite group that also secured important investment volumes (CAPEX) alongside countries such as Uganda, Ivory Coast and Ghana.

Wood Mackenzie's analysis underlines that Mozambique's continued success and other centers depend on the ability to convert research potential into effective production. The focus of investors is now focused on the Final Investment Decisions (FID), which require regulatory clarity and competitive tax incentives.

The report also points out that foreign oil companies are reformulating their portfolios by abandoning their assets. onshore high risk, doubling investment in fields offshore and gas projects with longer storage life.

With the world navigating in the energy transition, Mozambique remains a strategic border of hydrocarbons. The country is seen as one of the "centres" that will shape the history of oil and gas in Africa and the world in the coming years, playing a key role in global energy security.

For more information, please contact the National Institute of Petroleum, located on Rua dos Desportistas No.259, Maputo, by numbers 21248300 or 839511000. You can also write to e-mail comunicacao@inp. gov.mz and visit our Facebook and LinkedIn pages to be aware of this and other outstanding subjects.

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AREA 1

Following the 2nd open competition for the granting of areas for the research and production of hydrocarbons, the companies Anadarko Mozambique Area 1 and the National Hydrocarbon Company were awarded Area 1 in offshore environment of the Rovuma Basin. The area is located in the northern part of Cabo Delgado Province, in shallow to very deep waters. The Hydrocarbon Research and Production Areas Grant Agreement (CCPP) was signed on 20 December 2006 and is effective as of 1 February 2007.

PROSPERITY DISCOVERING AREA

Median estimate of 43 tcf (cubic foot trillions) of gas.

4 Transzonal Reservoirs:

  • Upper North Oligocene;
  • Upper South Oligocene;
  • Oligocene Lower;
  • Upper Eocene;

TUBARAN DISCOVER AREA

Median estimate of 3.4 (cubic foot trillions) Tcf of natural gas.

THE AREA OF DISCOVERMENT

Median estimate of 8.4 Tcf (cubulated foot trillions) of natural gas

The Paleocene Reservoirs.

THE AREA OF DISCOVERMENT

Tigris Shark Discovery Area (1254 km2), has 3 reservoirs of the Cretaceous (K1,K2 and K3), the K2 being the best in Orca and Shark-Tigre and has a median estimate of 0.323 Tcf (cubic foot trillions) of natural gas.

UNKNOWN TUGRE AND ORCA (CRETACICO LEQUE 1, 2 E 3), ROVUMA OFFSHORE AREA 1

The complete technical evaluation of the potential of the Cretaceous in Area 1, between the Areas of Discovery Tubarão Tigre and Orca, determined that it contains small, discontinuous and low quality reservoirs, and this would probably present significant challenges in the supply of trade amounts of gas. Of the three reservoirs of Cretaceous (K1,K2 and K3) evaluated, the best is K2 in Orca and Shark-Tiger that has an average resource of 0.323 Tcf (cubic foot trillions) of natural gas.

FOUND OUT ORCA (LECK OF MEDIO PALEOCEN), ROVUMA OFFSHORE AREA 1

This discovery was made in Area 1 by Anadarko in 2013 through borehole Orca-1, whose reservoir is the age of the Middle Paleocene, was subsequently evaluated by the holes Manta-1, Orca-2, Orca-3 and Orca-4.

The discovery is located about 10 km from the coast line, 250 km from the city of Pemba. This reservoir is of Middle Paleocene age and is not shared. The average estimate of resources is about 8.4 Tcf (cubulated foot trillions) of natural gas in situ, according to estimates submitted by Total.

The reservoir in the Orca discovery lies at depths ranging from 4000 to 5000m below the mid sea level, and the water column from about 600m to 1200m. The extension is about 30 km.

UNCOVERED TUBARON (EOCENO), ROVUMA OFFSHORE AREA 1

This discovery was made by Anadarko in January 2011 through the Jaw-1 hole and evaluated by the Shark-2 hole (negative) in 2013. The discovery is located about 25 km from the coast line, 50 Km of the Northeast of the district of Mocímboa da Praia and 200 Km of the Northeast of Pemba City.

The reservoir is completely in Area 1. The average estimate of resources is about 3.4 tcf (cubic foot trillions) of gas in situ.

The reservoir is at a depth of 3500 to 4000 metres below the average sea level. The water column ranges from 800 to 1200 meters. The extent of the Shark discovery is about 20 km east-oriented.