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
Gas
Kinetiko Energy spuds gas well in Mpumalanga
Australian explorer Kinetiko Energy said that it has spud a gas well at its Amersfoort coalbed methane project onshore Mpumalanga, South Africa
Algeria 'may double gas output'
Algerias energy and mines minister, Youcef Yusfi, has said that he expects the countrys gas production to double in the next seven to 10 years following several recent significant oil and gas discoveries
Shell Cansolv and Techip sign deal for CCS projects
Shell Cansolv has signed an agreement with project management firm for energy industry Technip to provide and market an end-to-end solution for Carbon Capture and Sequestration (CCS) projects globally
Anadarko Petroleum and Eni may sign gas deals with Mozambique in 2014
Mozambique is likely to sign natural gas contracts with Anadarko Petroleum and Eni for its offshore reserves in 2014