Following the public tender launched in October 2014, ExxonMobil Moçambique Exploration and Production, Limited, RN Angoche PTE. LTD and Empresa Nacional de Hidrocarbonetos, E.P (ENH, EP), were awarded the offshore area of Angoche A5-B, and signed the Exploration and Production Concession Contract in October 2018.(Link to the signed EPCC AREA A5-B)
Here is a brief description of the contract.
|Contract area||Area A5-B (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 in deep water east of Angoche, in Nampula Province, in water depth from about 1700 meters to >2500 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: 6,080 km2
Present: 6,080 km2