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EMPRESA NACIONAL
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.
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.
Shell, ONGC alliance ahead in race to buy 20% in Mozambique gas blockONGC sources said the company’s overseas arm, ONGC Videsh Ltd, considered a higher bid for the stake, but the oil ministry is more circumsp...
India, China battle it out in Mozambique gas fields to secure energy assetsAccording to an investment banker directly involved in the transaction, Videocon's Venugopal Dhoot is expecting around $2.7 bn for his stak...
- Oil India in talks with Mozambique for stake in Rovuma-1 gas field
Oil India is also considering downstream investments such as setting up fertilizer and petrochemical plants in the country though a consort...
- Videocon may sell its 10 per cent stake in Mozambique basin
Videocon Industries is considering selling its 10 per cent stake in Mozambique’s Rovuma basin, scrapping an earlier plan to transport gas f...