Rosneft signs agreements on offshore gas field development with Mozambique

23/08/2019 08:25 Natural Gas


Russian state-run oil company Rosneft signed a memorandum of understanding with Mozambique's National Hydrocarbons Company (Empresa Nacional de Hidrocarbonetos E.P., ENH) to develop offshore natural gas fields, a TASS correspondent reported from the signing ceremony.

Rosneft also signed a cooperation agreement with Mozambique's National Petroleum Institute (Instituto Nacional de Petroleo, INP).


In October 2018, a consortium of Rosneft and ExxonMobil signed concession contracts with the government of Mozambique for the exploration and production of hydrocarbons on three offshore blocks.


Besides Rosneft (20%) and ExxonMobil (50%), the consortium includes Mozambique ENH (20%) and Qatar Petroleum (10%).


PGNiG makes oil and gas discovery at Skarv field in Norwegian Sea

16/10/2019 10:46:00

PGNiG Upstream holds 40% share in the PL838 license, which is located in the Norwegian Sea and is directly adjacent to the Skarv and Ærfugl licenses


Ukraine sees 10-year high gas volume in storage

16/10/2019 10:44:00

Ukraine has pumped 21 billion cubic meters (bcm) of natural gas into its underground storage facilities, to reach a 10-year high volume, according to Naftogaz.


Iran: Gas field discovered with $40 billion worth of reserves

15/10/2019 14:18:00

A new gas field with 13,000 billion cubic feet of recoverable reserve and 385 million barrels of condensate, valued at $40 billion, has been discovered in Fars province, southern Iran.