Mozambique’s gas boom began almost 10 years ago, with one of the largest natural gas discoveries in the past decade that unsealed 85 trillion cubic feet (Tcf) in the northeast part of the country. With subsequent offshore discoveries potentially reaching 180 Tcf, Mozambique has lit up as an investment hotspot on the continent.
Mozambique is currently home to three leading gas developments on the continent: Mozambique LNG, Rovuma LNG and Coral South floating LNG (FLNG). Having secured a total post-FID investment of $20 billion and nearly $15 billion in project financing, Mozambique LNG stands out as the largest foreign direct investment in Africa to date, and a landmark development for the continent in terms of domestic LNG use and export.
To ensure that gas utilization goes beyond crude gas exports, Mozambique is also home to gas-to-power infrastructure projects that seek to meet one of the continent’s most critical needs: electricity. The planned Mozambique (Cabo Delgado) to South Africa (Richard’s Bay) Gas Pipeline will supply natural gas from the Rovuma Basin to South Africa, reducing the latter’s reliance on coal-fired power generation.
With the increase in urbanization and industrialization, there is a growth in energy consumption in factories and industries for various purposes. The requirement is growing at a rapid rate owing to the increased electricity consumption and transportation creating demand for the Oil and gas consulting services.
Serviços Moçambique is prepared to discuss the market’s key challenges, including price volatility, as well as the opportunities related to cost and productivity, supply chain, operating models and more.
The oil and gas industry has heavy requirements for capital and operating expenditure, and faces unique and complex problems associated with natural uncertainty, unpredictable commodity prices, and the associated operational and financial risks.
The present environment of low commodity prices, rising exploration costs, and constrained access to capital has increased the need for in-depth, accurate and complete analysis of uncertainty, risks and valuation. Many investors have recognised that accurate assessment of the quality of assets, especially hydrocarbon reserves, is inherently difficult, but of key importance.
At Serviços Moçambique we bring a variety of actuarial and risk management skills to bear on the problems faced alike by the upstream oil and gas industry, and those who provide finance.
For investors and financiers, we can provide an actuarial and financial perspective to support your valuation and due diligence process, for example reviewing the effectiveness of a company’s risk management strategy. We can give a professional opinion on the statistical assessment of the quality of valuations, assets, production forecasts and field development proposals. We can also support assessment of insurable risks such as supply chain interruption.
Therefore, in short and without limitation we can assist in the following:
Strategy
Position your firm for sustainable growth despite uncertain markets. We develop assets and corporate strategy, provide opportunity identification and screening, portfolio optimization and performance benchmarking.
Business
Understand evolving market factors and manage your hydrocarbon sector risks down to an individual asset level. We deliver analysis of market fundamentals and trends, market intelligence, forecasts, scenarios, market sizing and above-ground risk analysis and mitigation.
Decision Analysis
In a high cost, low commodity price environment, the depth and quality of decision analysis is ever more important. Bringing an actuarial approach to complex decision problems, we can ensure that risk and uncertainty are modelled in full depth in an influence diagram or decision tree so that a decision can be evaluated according to multiple criteria.
Financial Modelling
Financial modelling are core skills for the actuarial profession. Working where needed in tandem with industry professionals such as geoscientists, reservoir engineers and facilities engineers, we can provide in-depth analyses for the industry at project, portfolio or company level.
Management and valuing risks
We have in house Insurance and Financial Risk teams, who work with our Oil and Gas team and industry experts at all stages of the asset life-cycle.
Regulations
Achieve regulatory compliance as per the Mozambican Law. We can help with country energy policy and master plans development, licensing support, fiscal benchmarking and drafting standards.
The expertise you need to move forward
Doing Business in Mozambique
We are passionate about helping our clients achieve practical results with real impact!
Serviços Moçambique operates in line with international standards, policies and procedures. Our set of core values and a strong code of ethics guides our business decisions, creating a corporate culture that fosters teamwork, intellectual growth and leadership.
Our dedicated team of professionals and collaborators include key players from all sectors across Mozambique, business managers, entrepreneurs, project engineers, HR specialists, attorneys and research specialists with extensive experience in the local and regional market. We are deeply engrained in the culture, language, laws and local regulations of this unique market allowing us to tailor solutions to our clients’ needs.
We have been providing high-quality consulting and procurement services in Maputo to a diverse base of clients from sole traders to multinational enterprises across a variety of industries and sectors, mining, manufacturing, construction and finance among others. The wealth of experience we have gained from our clients also fortified our role as top notch business development advisors.
We operate in Maputo, Pemba, Beira, Tete, Nacala and Nampula, dedicating all of our resources to the long-term success and general well-being of our clients.