Mozambique to Hold New Licencing Round
The Institute of National Petroleum (INP), on behalf of the Government of the Republic of Mozambique, has said that 5th license round will be announced in London on 23rd October 2014.
A competitive bidding round will be held to explore for hydrocarbons in the offshore Rovuma, offshore Zambezi and Angoche and onshore around the Pande-Temane concession and Palmeira areas.
A total of fifteen blocks will be included in the 5th License Round, comprising some 76,800 sq kms of acreage will be included in the round. The Round is scheduled to close on 20th of January 2015.