Petroleum Africa
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Sunday, December 4, 2016
Both Angola and Mozambique’s governments have enacted legislation that affects their respective oil and gas industries. In Angola,Order No. 475/16, of October 18 incorporated an oil industry union. The order approved the by-laws of the Luanda Oil Industry Workers Union (Sindicato dos Trabalhadores da IndústriaPetrolífera e Afins de Luanda-STIPAL).
The order confirms the conclusion of STIPAL’s incorporation process, as well as its legal capacity to operate as a union in the Luanda Province.
Meanwhile, a resolution in Mozambique regarding concession contracts has been approved. Mozambique, by means of Resolution No. 25/2016, of October 3 has a new exploration and production contract model. The Council of Ministers approved the new Petroleum Exploration and Production Concession Contract Model, which will henceforth serve as a basis for the negotiations with the concessionaires.
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