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Mozambique
Receives Seismic Survey Results For Rovuma Basin
09-26-2008

The Mozambican
government has received the first results of the seismic
survey carried out in the Rovuma basin, Carlos
Zacarias, projects director for the National Oil Institute (INP) said in Maputo
Friday.
During a meeting between the government and representatives of the oil companies
operating in Mozambique, Zacarias also said that the seismic data was of “great
quality” and that it was currently being analysed.
Oil exploration has been going on and off both on land and at sea in Rovuma and
the Mozambican government granted licenses to
Anadarko (United States), Artumas (Canada),
ENI (Italy) and Norsk Hydro
(Norway).
The four companies have already invested around US$300 million on testing work,
in five blocs in the Rovume basin.
Malaysian company Petronas is currently searching for
oil in the Zambezi basin and, recently, South Africa’s Sasol
and the Osho Energy consortium (controlled by companies from Pakistan and the
United Arab Emirates) were granted a license to explore two blocs on land in
Inhambane, to the west of the Natural gas fields of Pande and Temane.
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