Mozambique Fourth Competitive Bidding Round

abarrelfull wrote on 05 Nov 2010 09:16
Tags: dno licences mozambique upstream

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The Institute of National Petroleum of Mozambique (INP), is pleased to announce the
results of the fourth competitive bidding round for hydrocarbon exploration over seven
separate defined areas onshore Mozambique.

The round commenced on the 4th November 2009 and companies had seven and half
months to evaluate the available technical data and formulate their applications. The
round followed a competitive bid process that evaluated the applications on defined
criteria which included Health Safety and Environmental (HSE), financial strength,
technical competence / capability and the Economic terms offered to the Mozambican
State.

Applications were received for all the areas on offer, but only the application for the
Lower Zambezi area from DNO International ASA (www.dno.no ), from Norway met all
the terms of the evaluation criteria.

INP is pleased to announce that DNO has been invited to commence negotiations for an
Exploration Production Concession Contract (EPCC) over the Lower Zambezi Graben
Area which covers some 19,181 sq km. and is located immediately to the North of their
Inhaminga EPCC.

Seven areas were made available for the 4th round including:

• Maniamba Basin 9,367 sq km not awarded
• Middle Zambezi Graben 30,095 sq km not awarded
• Lower Zambezi Graben 19,181 sq km - DNO -
• Banhine 36,058 sq km not awarded
• Mazenga Graben 22,812 sq km not awarded
• Limpopo Graben 17,600 sq km not awarded
• Palmeira Graben 10,917 sq km not awarded

More information about the license round is available on www.inp-mz.com and
www.inp.gov.mz .

National Petroleum Institute, 12th October 2010
Maputo, Mozambique

• Mozambique Fourth Competitive Bidding Round

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