ONGC Videsh Limited (OVL), the foreign arm of India’s state-run Oil and Natural Gas Corporation (ONGC), has announced the signing of an agreement with US energy firm Anadarko to buy 10 per cent of its stake in the Rovuma gas field offshore Mozambique for US$2.64bn
Gas
US sanctions US$700,000 fund for offshore South Africa gas project
Sunbird Energy Limited has announced that it will receive US$700,000 from the US Trade and Development Agency (USTDA) to develop a sub-surface plan for the Ibhubesi offshore gas project in South Africa
ONGC and OIL acquire stake in Mozambique gas field
Indian oil and gas company ONGC and Oil India (OIL) have acquired a jointly-owned 10 per cent stake of Videocon Industries in the Mozambique gas field for US$2.5bn
NNPC to ‘explore offshore gas options in Niger Delta’
Nigerian National Petroleum Corporation (NNPC) has announced that it is in talks with six companies to use a floating liquefied natural gas (LNG) vessel to access stranded gas resources offshore in the Niger Delta
Eni discovers oil and gas offshore DR Congo
Eni has announced that it has discovered oil and gas at the Nene’ Marine exploration prospect located in Marine XII Block offshore DR Congo
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