Area A5-B

Following the public tender launched in October 2014, ExxonMobil Moçambique Exploration and Production, Limited, RN Angoche PTE. LTD and Empresa Nacional de Hidrocarbonetos, E.P (ENH, EP), were awarded the offshore area of Angoche A5-B, and signed the Exploration and Production Concession Contract in October 2018.(Link to the signed EPCC AREA A5-B)

Here is a brief description of the contract.

Contract area	Area A5-B (EPCC)	Background, activities carried out, status, and further plans
Year awarded	2018	The EPCC was signed in October 2018 and awarded to ExxonMobil, Rosneft and ENH, as part of the 5^th Bidding Round. The area is in deep water east of Angoche, in Nampula Province, in water depth from about 1700 meters to >2500 meters. The contract was split into three exploration sub-periods, of 4 + 2 + 2 years. Below are the minimum commitments: First exploration sub-period – 48 months Acquire 8000 km2 of 3D seismic data; Drill 2 exploration wells to a depth of 3,700 meters below the mean sea surface (mss) or to a stratigraphic target of Tertiary, whichever is first encountered; Complete studies for a value of USD 19 million. Second exploration sub-period – 24 months Drill 2 exploration wells to a depth of 3,700 meters below the mean sea surface (mss) or to a stratigraphic target of Tertiary, whichever is first encountered; Complete studies for a value of USD 15 million. Third exploration sub-period – 24 months Drill 1 exploration well to a depth of 3,700 meters below the mean sea surface (mss) or to a stratigraphic target of Tertiary, whichever is first encountered; Complete studies for a value of USD 15 million:
Operator & partners	Original: ExxonMobil Exploration and Production Mozambique Offshore Ltd. 60% (operator) RN – Exploration LLC (Rosneft) 20% ENH 20%
Operator & partners	Present: ExxonMobil 40% (operator) RN Angoche PTE.LTD 20% ENI Mozambico S.p.A – 10% ENH 20% Qatar Petroleum 10%
Size (sq.km)	Original: 6,080 km² Present: 6,080 km²