Wednesday 24 November 2021

The Sixth Licensing Round for the Concession of Hydrocarbon Exploration and Production Areas is launched this Thursday, 25th of November. For this purpose, 16 new areas were defined, distributed by 4 distinct regions, five of which are located in the Rovuma Basin, seven in Angoche, two in the Zambezi Delta and two in Save, totalling more than 92,000 km².

This tender, which has a term of approximately 10 months, from the launch date until the results are announced in October 2022, comes about three months after the approval of the new Strategy of Concession of Areas for Exploration and Production of Hydrocarbons, which provides the basis for ensuring continuous and systematic exploration of hydrocarbons in the Mozambique and Rovuma basins, promoting national and foreign investment, as well as reducing the time between the holding of public tenders for the concession of areas to 2 years, as opposed to 3 years under previous legislation.

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