Mozambique awards oil and gas licences

Mozambique’s government has awarded six licences to search for oil and gas. Three licences for offshore blocks were awarded to ExxonMobil, in partnership with Rosneft, and one to a consortium led by Eni that includes Sasol and Statoil. Sasol, as well as Delonex Energy working with India Oil, were each given onshore rights. The fifth bidding round opened in October 2014, and attracted applications for seven of the 15 blocks. The offshore areas lie in the Angoche Basin and the Zambezi Basin, and onshore in the Mozambique Basin.