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MOZAMBIQUE LNG
ONGC rebrands itself as ‘gas and oil’ firm as natural gas output overtakes crudeState-run ONGC is shifting its focus, now prioritizing natural gas over crude oil. Chairman Arun Kumar Singh announced that gas production ...- ONGC bets on gas-led growth as premium pricing boosts profitabilityONGC anticipates natural gas will drive its future growth and profitability. New high-priced gas production is set to increase significantl...
- Force majeure on ONGC Mozambique project liftedThe consortium, led by operator Total Energies, had declared force majeure in May 2021 and suspended construction work that began in 2019 o...
- BPCL plans to invest $2.9 billion in exploration in Mozambique, BrazilBPCL plans to invest ₹25,000 crore in exploration and production blocks in Mozambique and Brazil over the next three years. The company aim...
- Uncertainty over LNG project in MozambiqueTotal, the operator of the Mozambique project, has declared force majeure and evacuated all the personnel and contractors from the project ...
- Mozambique gas project of OVL, OIL ties up $14.9 billion debt for LNG project financing"Oil India announces that Rovuma Offshore Area 1 consortium (Area-1), led by Total confirms, the finalization of the Mozambique LNG senior ...
- Oil PSUs start payments for Mozambique LNG projectONGC, Bharat Petroleum and Oil India have combined 30% participating interest in the gas project and will shell out about $2 billion.
- OVL, partners agree to invest $20 billion in Mozambique LNG projectThe project will initially consist of two LNG trains with a total nameplate capacity of 12.88 million tonnes per annum.
- India, Mozambique agree to develop Rovuma gas findOil Minister Dharmendra Pradhan met his Mozambique counterpart Leticia Klemens to discuss the development of the gas field.
- Mozambique LNG discusses gas export with Indian companies"They are the largest (energy) players in India," said Steve W Hoyle when asked about LNG marketing plan for the Indian market.
- Expect to see incremental benefits from Mozambique LNG terminal from 2020: NK Verma, ONGC Videsh"Right now we have invested $4 billion plus in the entry cost and in the initial phase of development for two trains."
- ONGC, partners to invest $24 billion in Mozambique gas fieldONGC and its partners will invest about $24 billion in producing natural gas from a giant field off Mozambique, converting it into LNG for ...
- ONGC, its partners developing LNG terminal in MozambiqueIn a step towards start of gas production from its giant Mozambique gas fields, state-owned ONGC and its partners have awarded contract for...
- India to import LNG from Mozambique: Veerappa MoilyMozambique wants the operators of the block to produce first gas by 2018, Minister for Mineral Resources Esperanca Bias told media.
- ONGC rallies as arm OVL, OIL India ink pact with Videocon for Mozambique gas fieldAt 01:25 p.m.; the ONGC was at Rs 311.65, up 4.28 per cent, Oil India slipped 0.17 per cent and Videocon was down 1.40 per cent.
- OVL-OIL to buy Videocon's 10% in Mozambique field for $2.45 bnONGC Videsh Ltd and Oil India Ltd will buy Videocon Industries' 10 per cent stake in a giant Mozambique gas field for USD 2.475 billion.
- ONGC in talks to buy Videocon's stake in Mozambique gas fieldOil Minister M Veerappa Moily had stated that LNG from Mozambique may be imported at the planned LNG terminal at Mangalore to feed the sout...
- BPCL, Videocon to make LNG plant in Northern MozambiqueThe LNG complex will in time have capacity to produce about 50 million tonnes of LNG a year, Anadarko said.
- Energy companies operating in Mozambique plan to ship Mozambique Gas to IndiaEnergy companies operating in Mozambique are eyeing the vast Indian market and have started discussions with state energy firms.
- Bharat Petroleum, Videocon riding high on gas find in Mozambique blockBPCL and Videocon are riding high on a giant gas find in Mozambique, where their stakes are valued at $2 billion each.
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