Energy Capital & Power

Eni Kickstarts Exploration Campaign Offshore Mozambique

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Eni. Mozambique. Bigstock

Italian multinational oil and gas major Eni has begun the initial drilling of the Raia-1 Well, located in Block A5-A in the Angoche Basin offshore Mozambique.

The exploration campaign represents Eni’s first drilling activity offshore Mozambique in eight years and falls under an exploration contract signed with the Mozambican government in 2018 as part of the country’s fifth licensing round.

According to Mozambique’s regulator, Instituto Nacional de Petroleo, the campaign will see Eni explore for oil and gas 605km south of the Rovuma Basin, where the major is developing and operating a large-scale liquefied natural gas (LNG) project – the Coral South Development – which achieved first production and export in 2022.

Exploration across the southern African country’s offshore basins was last conducted by Anadarko Petroleum Corp in 2015 before the firm sold its stakes in the Block to TotalEnergies in a $3.9 billion transaction.

Within Mozambique’s oil and gas industry, Eni is involved in the Coral Sul Floating LNG initiative; the country’s first LNG project; the Rovuma LNG development; as well as in drilling activities in five exploration and development licenses.

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Nicholas Nhede

Nicholas Nhede

Nicholas is an energy sector journalist with a passion on how technology and diversification of the energy mix can be used to address energy sector challenges. Nicholas holds a diploma in Journalism and Communication studies and has been covering energy-related topics including the Internet of Things, distributed energy and digitalisation since 2015.