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Publish Date : 29-Apr-2015

The National Petroleum Institute (INP) said that the deadline for submitting proposals to the 5th tender for concession areas for research and production of hydrocarbons in Mozambique has once again been extended till 30 July.

This is for the second time the deadline for proposals has been extended for the international tender which was launched on 23 October 2014 after the first date, 20 January 2015, was extended to 30 April citing pressure arising from interested parties demanding more time to prepare their proposals.

Now, the INP stated that the extension has been granted to give additional time to complete the review of the Petroleum Operations Regulations and Contract Model, and even to consider the request from companies seeking approval of the entire legal package before submission of tenders.

The tender simultaneously launched in Maputo and London, is to grant 15 areas, on and offshore, for oil surveying and production in Mozambique.

The tender includes the offshore areas such as the Rovuma basin, with three areas, Angoche, with two and the Zambezi delta with six and onshore include Pande/Temane, with three areas and Palmeiras with one, totalling 76,802 square kilometres.

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