Area Z5-C

Following the public tender launched in October 2014, ExxonMobil Moçambique Exploration and Production, Limitada, RN Zambeze South PTE. LTD and Empresa Nacional de Hidrocarbonetos, E.P were awarded the offshore area of Zambeze Delta (Z5-C), and signed the Exploration and Production Concession Contract in October 2018.(Link to the signed EPCC AREA Z5-C)

Here is a brief description of the contract.

Contract area	Area Z5-C (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 offshore Zambeze Delta, in water depths of 500 to 1900 meters. The contract was split into 3 exploration sub-periods, of 4 + 2 + 2 years. Below are the minimum commitments: First exploration sub-period – 48 months Acquire 1,500 Km 2D seismic; Acquire 2,500 Km2 of 3D seismic; Drill 1 exploration well to a depth of 4,400 meters sub-sea or to a stratigraphic target of Oligocene age, whichever is first encountered; Complete USD 10,500 of studies. Second exploration sub-period – 24 months Drill 1 exploration well to a depth of 4,400 meters sub-sea or to a stratigraphic target of Oligocene age, whichever is first encountered Drill 1 exploration well to a depth of 4,400 meters sub-sea or to a stratigraphic target of Oligocene age, whichever is first encountered; Complete USD 15 of studies. Third exploration sub-period – 24 months Drill 1 exploration well to a depth of 4,400 meters sub-sea or to a stratigraphic target of Oligocene age, whichever is first encountered; Complete USD 10 of studies.
Operator & partners	Original: • ExxonMobil 60% (operator) • Rosneft 20% • ENH 20%
Operator & partners	Present: ExxonMobil 40% (operator) Rosneft Zambezi south PTE.LTD 20% ENI Mozambico S.p.A – 10% ENH 20% Qatar Petroleum 10%
Size (sq.km)	Original: 5821 km² Present: 5821 km²