The key issue: Eni has announced it has acquired rights to explore offshore blocks A5-B, Z5-C and Z5-D in Mozambique. The move is the latest in a string of African exploration announcements by majors this year.
Interfax analysis: The success of Eni in Mozambique’s Rovuma Basin, positive results at gas exploration and commercialisation projects such as Kosmos Energy’s Tortue/Ahmeyim finds off Senegal, and most recently Total’s gas condensate discovery at Brulpadda in South African waters appear to be driving further offshore exploration in sub-Saharan Africa.
This trend would...
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