Libya has announced that it has plans to purchase gas from Algeria to overcome power shortage in the country
Gas
GAIL eyes up Ophir Energy’s stake in gas blocks offshore Tanzania
India’s GAIL has planned to acquire a 10 per cent to 30 per cent stake in Ophir Energy’s five natural gas blocks offshore Tanzania
South Africa grants Sunbird Energy additional area for gas exploration
The South African government has granted Australia’s Sunbird Energy an onshore gas exploration license for an additional 747.5 sq km in the Springbok Flats Basin
Sunbird Energy to takeover South Africa’s offshore licence share
The South African government will transfer offshore Block 2A licence, which includes the Ibhubesi Gas Project in the Orange Basin, to Sunbird Energy
India approves OVL and OIL Mozambique gas deals
The Indian Cabinet Committee on Economic Affairs (CCEA) has approved ONGC Videsh Limited (OVL) and its partner Oil India Limited’s (OIL) purchase of a 20 per cent stake in the Rovuma Area-1 offshore gas field in Mozambique for more than US$5bn
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