Following the public tender launched in October 2014, Eni Mozambico SpA, Sasol Petroleum Moçambique Exploration Lda. and Empresa Nacional de Hidrocarbonetos, EP (ENH, EP), were awarded the offshore area of Angoche A5-A, and signed the Exploration and Production Concession Contract in October 2018.(Link to the signed EPCC AREA A5-A)
Here is a brief description of the contract.
|Contract area||Area A5-A (EPCC)||Background, activities carried out, status, and further plans|
The EPCC was signed in October 2018 and awarded to Eni, Sasol and ENH, as part of the 5th Bidding Round. The area is offshore the coast near Angoche, in Nampula Province, in water depth from about 300 meters to 1800 meters. The contract was split into three 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: 5,133 km2
Present: 5,133 km2