ONGC's acquisition in Mozambique gas field saw seller reap $1.5 billion profitONGC's acquisition of 10% stake in Mozambique gas field had helped the seller make a neat profit of $1.5 billion or over 62 per cent of the...
12 Apr, 2015, 12.56 PM IST
Oil and Natural Gas Corp's Mozambique gas field holds 50-70 trillion cubic feet of recoverable reserves: ReportONGC giant gas field in Mozambique holds 50 to 70 Tcf of recoverable reserves, 43% more than the minimum estimated resources, says a report.
06 May, 2014, 05.55 PM IST
ONGC-OIL pay $2.475 billion to Videocon GroupOVL bought US energy major Anadarko Petroleum's 10 per cent stake in the same block for $2.64 billion.
07 Jan, 2014, 03.38 PM IST
Cabinet okays ONGC, OIL’s $5 bn deal to acquire 20% stake in Mozambique gas blockThe cabinet on Thursday approved state-run ONGC and Oil India’s $5 billion deal to acquire 20% stake in a prolific Mozambique block.
03 Oct, 2013, 09.52 PM IST
ONGC Videsh to borrow record $4 bn for Mozambique stakeOVL and OIL's purchase of Videocon's stake is in a 60:40 ratio, with OVL's share at $1.485 billion. To fund this, the company will raise $1...
25 Sep, 2013, 04.10 PM IST
ONGC unit to buy stake in Anadarko Mozambique block for $2.6 bnOil and Natural Gas Corp (ONGC) will acquire 10% stake of Anadarko Petroleum Corp in an offshore block in Mozambique for $2.64 billion.
27 Aug, 2013, 02.40 AM IST
OVL to buy Anadarko's 10% stake in Mozambique field for $2.6 billionONGC Videsh likely to buy Anadarko Corp's 10% stake in Mozambique gas field for $2.6 billion this week.
25 Aug, 2013, 02.05 PM IST
ONGC Videsh eyes additional 10 percent stake in Mozambique blockONGC Videsh, fresh after buying Videocon's 10% stake in the Rovuma basin in Mozambique, has bid for an additional 10% stake in the basin.
16 Aug, 2013, 04.00 AM IST
- ONGC, Oil India make joint bid for Mozambique gas stake: Source
ONGC and Oil India Ltd (OIL) today made a joint bid to acquire up to 20 per cent stake in a gaint Mozambique gas field.
15 Mar, 2013, 08.18 AM IST
- Videocon starts selling stake in Mozambique gas field
The company, along with USbased Anadarko Petroleum Corp, is in the process of together auctioning 20% stake in the oil field to raise an ag...
06 Mar, 2013, 05.41 AM IST
- BPCL, Videocon to make LNG plant in Northern Mozambique
The LNG complex will in time have capacity to produce about 50 million tonnes of LNG a year, Anadarko said.
21 Dec, 2012, 07.14 PM IST
- BPCL, Videocon strike oil off Brazil coast
Bharat Petroleum Corp Ltd (BPCL) and Videocon Industries have made a significant oil discovery in Espirito Santo Basin off the coast of Bra...
12 Jul, 2012, 10.07 PM IST
- BPCL, Videocon Mozambique gas find holds huge reserves
The gas-rich Rovuma Basin in Mozambique may hold close to 100 trillion cubic feet (tcf) of natural gas, said Texas-based Anadarko Petroleum.
12 Jun, 2012, 04.35 AM IST
BPCL, Videocon Mozambique gas discoveries hold huge reservesBharat Petroleum Corp Ltd & Videocon Industries' Mozambique gas discoveries may hold up to 100 trillion cubic feet of in-place reserves, th...
11 Jun, 2012, 02.49 PM IST
- Gas discovery in Mozambique holds at least 10 trillion cubic feet
Videocon Industries and state-run Bharat Petroleum Corp today said the natural gas discovery they made off Mozambique may hold at least 10 ...
05 Oct, 2011, 06.37 PM IST
- Anadarko tells BP it won't help pay for oil spill
Anadarko Petroleum Corp. is refusing to pay BP about $272 million for its share of the costs tied to the massive Gulf oil spill.
09 Jul, 2010, 09.39 PM IST
- BPCL, Videocon-led consortium finds more oil in Brazil
A consortium of Bharat PetroResources, Videocon Industries and the US-based Anadarko Petroleum Corp have discovered additional oil in their...
24 Nov, 2009, 08.22 PM IST