Oil & Gas Exploration is Evolving on a Global Scale

From the end of 2014 M2E Projects is developing, in a completely unexplored and high-potential geological basin located in Mozambico, offshore and onshore activities

With traditional locations like the North Sea, Russia and West Africa still firmly on the radar, countries such as South America, Congo and Mozambique are now catching the attention of the major oil companies especially regarding the nearshore and offshore activities.

Mozambico May15-1 | M2E
Shore approach in Cabo Delgado, North of Mozambique
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Near shore Geotechnical site investigation - Jack up rig performing Boreholes and Piezocone Penetration Tests (PCPT)

The recent big injection into the extraction and processing of shale and LNG (Liquified Natural Gas) has put on the scene other main actors such as Asia, the Middle East and of course, the US. Also considering that ultradeep water, tar sands and FPSOs (Floating Production Storage and Offloading), as the future energy frontiers, are currently driving the industry into these innovative new territories.

Challenges and opportunities

Considering that oil & gas exploration is evolving on a global scale, the need for specialist talents is becoming more and more a priority. This complicated market is evolving fast and the need of energy is increasing, as a result there is a strong need of a workforce able to play such a demanding game. Many high-level specialists will leave the industry in the next ten years, creating a relevant skills gap with an accelerated loss of experience that could deeply affect the market. We believe that in order to meet the challenges, is important to bring local knowledge with a global perspective, working within the political, geographical, social and cultural reality, not against it. Our consultants are experts in their sector and our global hubs ensure we have access to the world’s best talent across the oil & gas industry.

Focus on Mozambico

Due to the significant natural gas discoveries in 2013, Mozambique has become the focus of attention for numerous international oil companies and the Mozambican legislative regime is changing accordingly. Mozambique has the potential to be the world’s fourth largest source of natural gas and, as a result, the sector has experienced a flurry of activity in recent years. From the end of 2014 M2E Projects is working closely to mayor Oil and Gas companies in performing deepwater, nearshore, onshore investigation and pre- FEED activities for:

  • deepwater subsea structures;
  • floating production facilities (FLNG);
  • deepwater pipelines to the cost of Mozambique;
  • onshore LNG plant.

Such a demanding and complicated project, also considering the challenging environmental and geological conditions encountered, definitely requires significant preparation and sophisticated equipment, but also trained and skilled personnel able to coordinate activities with a wide range of stakeholders, to oversee the different aspects of the work and to high HSQE standards. Despite the geopolitical and geological criticality, Mozambico will be the one of the future oil & gas global challenge.

Mozambico May15-3 | M2E Projects
Mozambique areas of activities