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
Gas
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
Gasol appoints former OPEC head as new chairman
West African energy development company Gasol has announced the appointment of Rilwanu Lukman KBE as its new chairman
Ophir Energy discovers gas offshore Tanzania
Ophir Energy has announced that gas has been discovered at the Mkizi-1 well in Block 1, offshore Tanzania