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Tag: Mozambique

Italy’s Eni to try to repeat huge offshore Mozambique discovery

Italy’s Eni to try to repeat huge offshore Mozambique discovery

Business
Oct. 17 (UPI) -- Rome-based Eni, which earlier this decade led the discovery of an estimated 85 trillion cubic feet of natural gas in Mozambique, on Wednesday signed an accord in Maputo that will allow it to begin exploration work in a previously unexplored area in the country's deep waters. The contract involves rights for exclusive exploration and development of the offshore block A5-A which are deep waters of the Zambezi basin. In bidding, Eni was named as operator and awarded a 59.5 percent stake, South Africa's Sasol received a 25.5 percent and the Mozambique government held onto the rest, Eni said Wednesday. It is a "completely unexplored zone" with water depth ranging from 984 feet to nearly 6,000 feet, Eni said. The Mozambique National Petroleum Institute added that Energy ministr...
Mozambique ready for next LNG phase

Mozambique ready for next LNG phase

Business
July 9 (UPI) -- Liquefied natural gas will start processing from a field off the coast of Mozambique by 2024 now that the government has the development plans, partners said. Exxon Mobil and Italian energy company Eni lead the Rovuma liquefied natural gas joint venture in Mozambique. The partners said Monday the government now has the development plans for the first phase of the project that will draw natural gas from the Mamba fields off the country's coast. Each train, the part of the facility that would convert gas to the super-cooled liquid form, could process as much as 55 million barrels of oil equivalent per day. "The size of the project makes it not only an important investment in the country, but also supports economic growth and opens new opportunities for Mozambicans," Stefano...
Despite deforestation, Mozambique reserve can support thousands of elephants and lions

Despite deforestation, Mozambique reserve can support thousands of elephants and lions

Science
Nov. 30 (UPI) -- Niassa National Reserve, Mozambique's largest protected area, has proved resilient to forest losses. The reserve is big and healthy enough to support tens of thousands of elephants and 1,000 lions, according to a new study published this week in the journal Parks.The preserve hosts tremendous biodiversity, but is one of the least studied regions of wilderness in Africa. In addition to wildlife, the 41 square miles are also home about 40,000 humans. The local population put pressure on natural resources in the preserve.As part of the new study, scientists used high-resolution satellite images to measure change sin land-use and tree cover in the preserve.Between 2001 and 20014, scientists measured deforestation accounting for just 1 percent of all forest. Though substantial,...