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ROVUMA GAS DISCOVERY
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.- ONGC, Oil India and Bharat Petroluem to invest $6 billion in MozambiqueONGC, OIL and BPCL will in the next four years invest $6 billion in developing a giant gas field off the Mozambique coast.
- ONGC Videsh-Oil India complete acquisition of Videocon stake for $2.475 billionONGC Videsh and Oil India have completed acquisition of Videocon Group's 10% stake in a giant Mozambique gas field for $2.475 bn, the compa...
- Govt approves OVL-OIL buying 20% stake in Mozambique gas fieldGovt has approved ONGC Videsh and OIL acquiring a total of 20% stake in a giant offshore gas field in Mozambique for over $5 billion.
- 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...
- Videocon, BPCL strike natural gas in Mozambique blockVideocon Industries and Bharat Petroleum Corp Ltd (BPCL) have reported a fourth huge natural gas discovery in an offshore Mozambique block.
- Videocon expects increased valuation of Mozambique blockVideocon hopes to increase the valuation of its 10% stake in a gas-rich block on expectations that region may hold bigger reserves of gas.
- Videocon starts selling stake in Mozambique gas fieldThe company, along with USbased Anadarko Petroleum Corp, is in the process of together auctioning 20% stake in the oil field to raise an ag...
- 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.
- India offers to build fertiliser, petrochemical units in MozambiqueIndia has offered to build fertiliser and petrochemical plants in Mozambique if the gas-rich African nation gives fuel at concessional rate...
- BPCL, Videocon Mozambique gas find holds huge reservesThe gas-rich Rovuma Basin in Mozambique may hold close to 100 trillion cubic feet (tcf) of natural gas, said Texas-based Anadarko Petroleum.
- Discovery at Africa's basin where Videocon & BPCL hold stake may strengthen India's energy securityThe new discovery would make the basin's reserves 20 times the size of India's KG-D6 and make Mozambique a major exporter of LNG.
- BPCL, Videocon stocks rally on Mozambique gas findBPCL and Videocon shares rallied in trade after Texas-based Anadarko Petroleum said it has discovered a major new gas find in in Mozambique
- BPCL says gas block offshore Mozambique has good reservoirBPCL today said yet another well on the natural gas discovery block in offshore Mozambique has struck good quality reservoir.
- OVL-GAIL eyes UK co in $1b dealOVL has teamed up with GAIL India to place a joint bid to acquire UK-based energy firm Cove Energy Plc, a deal valued over $1.2 billion or ...
- Gas discovery in Mozambique holds at least 10 trillion cubic feetVideocon Industries and state-run Bharat Petroleum Corp today said the natural gas discovery they made off Mozambique may hold at least 10 ...
- BPCL plans LNG import facility, pipeline infrastructure for Mozambique gasBPCL plans to build an LNG import facility and pipeline infrastructure in India to transport gas from a Mozambique block in which it holds ...
- BPRL announces natural gas discovery in MozambiqueThe Tubarao discovery well was drilled to a total depth of around 4,237-metres in water depths of approximately 900 metres.
- Videocon consortium strikes more gas in MozambiqueVideocon Industries and its partners including Amadarko, Cove Energy and BPRL have discovered gas in the Lagosta well in Mozambique.
- BPCL discovers 2nd natural gas reserves at MozambiqueState-owned Bharat Petroleum Corp said it has made a second natural gas discovery in a block off Mozambique, but did not give the scale of ...
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