Repsol has announced its third gas discovery in the Illizi Basin, situated southeast of Algeria
Gas
Anadarko Petroleum considering selling stakes in Mozambique gas reserves
USA-based oil and gas explorer Anadarko Petroleum is likely to sell its multi-billion dollar stake in Mozambique’s gas reserves, with Exxon Mobil and Qatar Petroleum having expressed interest in the possible sale
African oil producers endorse ‘Zero Routine Flaring by 2030’ initiative
Leading oil producing nations in Africa have decided to join major oil producers to stop gas flaring at oilfields by 2030
Indian oil companies to invest US$6bn in Mozambican offshore gas field
India’s ONGC, Oil India Limited (OIL) and BPCL have agreed to invest US$6bn to develop a gas field offshore Mozambique, said Indian oil minister Dharmendra Pradhan
Statoil strikes gas offshore Tanzanian well
Norwegian oil major Statoil has made an additional 28.5bn cu/m to 51.3bn cu/m of natural gas discovery at Mdalasini-1 exploration well located in Block 2 offshore Tanzania