Posted in Top News

Anadarko to Spend $150 Million in Mozambique LNG Park in 2018

Area 1 operator Anadarko has said it expects to invest approximately $150 million during 2018 primarily to fund its portion…

Posted in Events Top News

India Seeks Bigger Bite in Africa’s Hydrocarbons Sector

The 4th India-Africa Hydrocarbons Conference being organized by the Ministry of Petroleum and Natural Gas, Government of India, to advance…

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Anadarko Selects Contractor For Initial Onshore Mozambique LNG Development

Anadarko Petroleum Corporation on behalf of the co-venturers in Mozambique’s Offshore Area 1, and after a competitive FEED (front-end engineering and…

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ONGC Videsh and Rovuma Area-1 block partners to invest $6B in Mozambique

India’s oil minister Dharmendra Pradhan on return from a trip to Mozambique has announced that Oil India Ltd (OIL), its…

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OVL may raise USD 500-700 m to fund Mozambique acquisition

Story by Moneycontrol.com ONGC Videsh Ltd plans to raise USD 500-700 million loan by pledging future crude oil production from…