Mozambique: Contracts finally signed for bid round awards

The National Petroleum Institute (INP) has announced the signing of concession contracts for blocks awarded in a licensing round launched in October 2014. The INP said ExxonMobil had signed contracts on 8 October for the A5-B, Z5-C and Z5-D areas in the Angoche and Zambezi basins. Sasol Petroleum Mozambique Exploration is expected to sign for the onshore PT5-C area west of the Temane field on 15 October, and Eni will sign for the A5-A area in the Angoche Basin on 17 October.