Akin Gump: Mozambique, Tanzania are updating petroleum laws

The governments of Mozambique and Tanzania are developing laws and regulations so those nations can tap into revenues from potential natural gas export projects, a partner with Akin Gump Strauss Hauer & Field LLP said during a midyear energy briefing on June 4.

Marc C. Hammerson of the Akin Gump London oil and gas practice said East African governments are working on licensing oil and gas rights.

Mozambique has discussed a new petroleum law since 2009, Hammerson said, adding an updated law is yet to be approved although he believes it could happen this year or next year. The East Africa nation’s current petroleum law was enacted in 2001.

Hammerson said an updated petroleum law likely will addresses obligations for operators related to environmental criteria, local-content requirements, and financial disclosure issues. Anadarko Petroleum Corp., Eni SPA, and Statoil are among international companies with interests in Mozambique.

Al Walker, Anadarko Petroleum Corp. chairman, president, and chief operating officer, has said, “We believe, as we go into the next decade, Mozambique will emerge as the third-largest exporter of LNG in the world.”

Since 2010, Anadarko and its partners have drilled more than 25 deepwater wells within the Offshore Area 1 Block discovering an estimated 50-70 tcf of recoverable natural gas. Additionally, Anadarko and its partners are advancing an LNG development onshore.

Tanzania is studying whether it has sufficient gas for LNG exports, which Hammerson suggested could start around 2020. Tanzania issued a model production-sharing agreement last year, updating 2008 PSA terms.

Statoil ASA and ExxonMobil Corp. late last year announced their fifth natural gas discovery on Block 2 offshore Tanzania amounting to an additional 2-3 tcf.

The Mronge-1 well discovered gas at two separate levels, with the primary accumulation at the same stratigraphic level as proven in the Zafarani-1 well on Block 2, and the secondary accumulation in a separate, younger gas-bearing reservoir in a play that has not been tested on Block 2. Statoil estimates Block 2 in-place volumes at 17-20 tcf.

Helge Lund, Statoil’s chief executive officer, previously said the company is looking into possible LNG projects resulting from offshore Tanzania discoveries (OGJ Online, Oct. 8, 2013).

Contact Paula Dittrick at paulad@ogjonline.com.

Related Articles

Total joins global climate initiatives

11/20/2014 Total SA, in what it describes as a consolidation of its efforts to address climate change, will support initiatives of the United Nations Global C...

IHS: ‘Tight-oil test’ under way in US amid lower oil prices

11/20/2014 The vast majority of potential US tight-oil production growth remains economical in the current crude oil price environment, according to a recent ...

Apache to sell Louisiana, Anadarko assets for $1.4 billion

11/20/2014 Houston independent Apache Corp. has agreed to sell noncore southern Louisiana and certain Anadarko basin assets in two separate deals for a combin...

AFPM: Oregon’s proposed low-carbon fuel standard unconstitutional

11/20/2014 Oregon’s proposed low-carbon fuel standards (LCFS) program is unconstitutional, the American Fuel & Petrochemical Manufacturers said in comment...

MARKET WATCH: Crude oil futures prices rangebound

11/20/2014 US light, sweet crude oil prices remained below $75/bbl Nov. 19 on the New York market, while analysts and traders focused on the upcoming meeting ...

Bids spike in Northern Alaska lease sales

11/19/2014 Alaska’s Division of Oil & Gas received 356 bids on 298 tracts in its 2014 Northern Alaska area-wide lease sales, trumping the 92 bids received...

NOIA, API studies list benefits of more federal OCS leasing

11/19/2014 Offshore oil and gas leasing in the eastern Gulf of Mexico and on the US Atlantic and Pacific coasts could create more than 838,000 American jobs a...

Freeport LNG nears construction phase

11/19/2014 Freeport LNG Expansion LP expects later this month to close on financing and begin construction on the first two trains of its natural gas liquefac...

Petrobras initiates start-up of units at Abreu e Lima refinery

11/19/2014 Petroleo Brasileiro SA (Petrobras) has received permission to commission units at its Abreu e Lima refinery (Rnest) at the port of Suape, near Reci...

White Papers

How to Keep Your Mud System Vibrator Hose from Getting Hammered to Death

To prevent the vibrating hoses on your oilfield mud circulation systems from failing, you must examine...
Sponsored by

Duty of Care

Good corporate social responsibility means implementing effective workplace health and safety measures...
Sponsored by

Increase Equipment Uptime Through Robust Enterprise Asset Management

Whether you operate in the Upstream Drilling and Exploration sector, the Midstream distribution sector...
Sponsored by

Continuous Improvement for Maintenance with Robust Reporting and Analytics

You should have real-time, anywhere access to more relevant and comprehensive data to help manage and ...
Sponsored by

Enterprise Asset Management Solution for Movable Assets in the Oil & Gas Industry

Drilling and exploration companies face several challenges in effectively managing assets both offshor...
Sponsored by

Supporting HSE Needs for Oil & Gas Through Effective Asset Management Practices

The Oil & Gas industry is constantly being challenged to find, extract and deliver cheaper an...
Sponsored by

Sesam for subsea design analysis

With the exponential growth in the subsea sector, a new set of challenges now face the industry. Mostl...
Sponsored by

Is the gas delivery system you’re looking at able to meet your power generation needs: a hydraulic engineer’s perspective

The hydraulic characteristics, and system response to demands and supplies, of natural gas pipelines a...
Sponsored by

Available Webcasts



Optimizing your asset management practices to mitigate the effects of a down market

When Thu, Dec 11, 2014

The oil and gas market is in constant flux, and as the price of BOE (Barrel of Oil Equivalent) goes down it is increasingly important to optimize your asset management strategy to stay afloat.  Attend this webinar to learn how developing a solid asset management plan can help your company mitigate costs in any market.

register:WEBCAST



On Demand

Parylene Conformal Coatings for the Oil & Gas Industry

Thu, Nov 20, 2014

In this concise 30-minute webinar, participants have an opportunity to learn more about how Parylene coatings are applied, their features, and the value they add to devices and components.

register:WEBCAST


Utilizing Predictive Analytics to Optimize Productivity in Oil & Gas Operations

Tue, Nov 18, 2014

Join IBM on Tuesday, November 18 @ 1pm CST to explore how Predictive Analytics can help your organization maximize productivity, operational performance & associated processes to drive enterprise wide productivity and profitability.

register:WEBCAST


US HYDROCARBON EXPORTS Part 3 — LNG

Fri, Nov 14, 2014

US LNG Exports, the third in a trilogy of webcasts focusing on the broad topic of US Hydrocarbon Exports.

A discussion of the problems and potential for the export of US-produced liquefied natural gas.

These and other topics will be discussed, with the latest thoughts on U.S. LNG export policy.

register:WEBCAST


Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!

 

Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected