Risks for oil companies focussing on emerging markets identified
A new survey published by Clifford Chance has identified the key drivers and risks for growth through mergers and acquisitions (M&A) within emerging markets
Gas
Eni announces major new gas discovery offshore Mozambique
Eni has announced a giant natural gas discovery in Area 4 of the Coral 1 exploration prospect offshore Mozambique
Fifth Tanzanian find on the bounce for BG Group
BG Group has announced its fifth consecutive Tanzanian gas discovery following a successful drilling operation at its Mzia-1 exploration well in Block 1, offshore southern Tanzania
Exploration firm to invest US$10 million in Namibian gas blocks
An international energy company has committed US$10 million to its exploration budget for two offshore Namibian gas blocks
Second successful flow test for Cove’s Barquentine-1
Cove Energy has announced the completion of the second successful flow test at the Barquentine-1 well, situated at the northern end of the Prosperidade gas complex in the Rovuma Basin Area 1 block, Offshore Mozambique
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