Project Profile
Value: US$50 billion
Location: 40 km off Cabo Delgado coast
Water Depth: 1,585 metres
Start-up Year: -
The Mamba South 1 discovery well is located in water depths of 1,585 metres approximately 40 km off Cabo Delgado coast, in the Northern offshore of Mozambique. This is the first exploration well in Area 4. Results exceed pre-drill expectations and confirm the Rovuma Basin as a world-class natural gas province. ENI is the operator of Area 4, with a 70% participating interest. Galp Energia, Kogas and ENH each hold a 10% stake.
Operators:
ExxonMobil: Operator with 20% interest
Eni: 50% interest
Galp Energia: 10% interest
KOGAS: 10% interest
ENH: 10% interest carried through the exploration phase