Eni consortium wins Mozambique bid

Eni consortium wins Mozambique bid

Italy’s Eni has announced that it has, together with partners, submitted a winning bid on the A5-A block offshore Mozambique in the fifth competitive bidding round.

Eni is the operator of the joint venture with 34% participating interest. Statoil and Sasol holds 25.5% each and ENH has the remaining 15%. The companies will now start negotiations with the local authorities.

The A5-A block is located in the Northern Zambesi basin in the Angoche area about 1,500km north of the capital Maputo.

Jason Jiang

Jason is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.

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